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Commodities
Gold forecast holds firm despite economic slump – Commerzbank
© Reuters.
Despite signs of an impending US economic downturn starting next spring, Commerzbank (ETR:) economists remain steadfast in their prediction of a sustained rise…
Gold prices rally to near 1-mth high as Middle East tensions worsen
© Reuters.
Investing.com-- Gold prices rose sharply on Wednesday, nearing a one-month high as a potential escalation in the Israel-Hamas war drove up safe haven demand,…
Oil prices surge, Brent above $91 as Israel-Hamas tensions worsen
© Reuters.
Investing.com-- Oil prices rose sharply in Asian trade on Wednesday after a deadly blast at a Gaza hospital appeared to have stymied a U.S. diplomatic effort in…
Oil prices jump 2% on supply worries after large U.S. stock drawdown
© Reuters. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered…
Guinea-Bissau capital in darkness after Turkish firm cuts power supply
BISSAU (Reuters) -Guinea-Bissau's capital was plunged into darkness on Tuesday after Turkish company Karpowership cut off electricity supplies to the West African nation due…
US crude stocks down 4.4M barrels, adjusting to previous huge build- API
© Reuters.
Investing.com - US crude stockpiles possibly fell as much as 4.4 million barrels last week, suggesting exports had picked up again after a slack in the previous…
Brent crude futures surge amid Middle East conflict, boosting European oil giants
© Reuters
The ongoing conflict in the Middle East has led to a significant increase in futures, which have escalated by 6%, currently trading at $89 a barrel as of…
WTO launching global carbon price task force – Okonjo-Iweala
LONDON (Reuters) - The World Trade Organization is launching a task force to create a methodology to determine global carbon prices to ensure that plans to tax imports based…
New Mexico Governor to pursue EV tax credits to achieve zero-emission goals
(Reuters) - New Mexico Governor Michelle Lujan Grisham on Tuesday said she will pursue electric vehicle (EV) tax credits and directed the state to transition to EV to achieve…
Crude prices stabilize amid Middle East uncertainity, Venezuela sanctions talk
© Reuters.
Investing.com -- Oil prices steadied Tuesday after the previous session’s selloff as traders keep an eye on developments in the Middle East as well as the…