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Commodities
World Bank warns of potential oil price surge amid global conflicts
© Reuters.
The World Bank has forecasted a decrease in global oil prices from an average of $90 per barrel in the fourth quarter to $81 by 2023, due to an expected economic…
Gold prices break $2,000 amid geopolitical tensions and FOMC anticipation
© Reuters
Gold prices have surpassed the $2,000 mark, driven by increased demand for safe-haven assets amid escalating geopolitical tensions in the Middle East and ahead of…
Gold prices hold above $2,000 as Fed meeting approaches
© Reuters.
Investing.com-- Gold prices fell slightly on Monday, but remained above the key $2,000 level as uncertainty over the Israel-Hamas war kept safe haven demand…
Chevron-Hess deal may lift Bakken oil output, but no return to boom days
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© Reuters. FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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By Stephanie Kelly…
Oil dips as caution about data-heavy week offsets Mid-East war boost
© Reuters. FILE PHOTO: Maasvlakte Olie Terminal, which specialised in the storage and transhipment of crude mineral oil is seen at the Port of Rotterdam in Rotterdam,…
Australia says it made no progress in trade talks with EU
© Reuters. FILE PHOTO: Australia's Trade Minister Don Farrell attends a press conference following a meeting with Chinese Commerce Minister Wang Wentao, in Beijing, China May…
Oil prices sink as Fed meeting looms, M.East fears on backburner
© Reuters.
Investing.com-- Oil prices fell in Asian trade on Monday, reversing a bulk of gains made in the prior session as anticipation of a Federal Reserve meeting and…
China urges G7 not to have double standards on Japanese food ban
© Reuters. FILE PHOTO: Packs of raw fish are pictured at a Japanese food store, in Beijing, China July 25, 2023. REUTERS/Tingshu Wang
BEIJING (Reuters) - China has urged the…
U.S. will extend EU metals tariff exemption if needed -envoy
© Reuters. FILE PHOTO: Steel coils are lined up at the steel plant of ThyssenKrupp in Duisburg, Germany, July 26, 2023. REUTERS/Wolfgang Rattay/File Photo
BRUSSELS (Reuters)…
Energy & precious metals – weekly review and outlook
© Reuters
Investing.com - Fear across global markets is expected to hit fever pitch in the coming week, with stock markets likely tanking and favorite commodity plays oil…