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Commodities
Oil up as Fed’s Bostic hints at another hold on rates and likely 2024 cut
© Reuters.
Investing.com - If there’s nothing greatly new in your own market to prop it up, you can always borrow a fundamental or two that weakens your rivals — in this…
Oil falls in early trade on strong US dollar, profit taking
© Reuters. FILE PHOTO: A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
By Laura…
Texas power grid seeks to increase operating reserves for winter preparation
(Reuters) - The Electric Reliability Council of Texas (ERCOT) issued a Request for Proposal (RFP) on Monday to increase operating reserves adding up to an additional 3,000…
China’s declining oil demand impacts global markets – Citigroup
© Reuters.
China's decreased oil demand is playing a significant role in the global oil market, countering recent crude price surges, according to Citigroup (NYSE:).…
Gold at 7-month low, hanging on to the ropes of $1,800 support
© Reuters.
Investing.com - The world’s supposedly preferred “safe-haven” is not being treated as such as the global economy shudders from the possibility of more…
Oil tumbles on risk aversion as Q4 starts; bulls look to OPEC
© Reuters.
Investing.com - No market operates in a vacuum — including oil, no matter what the proponents of higher crude prices think.
Worries that inflation will rear its…
U.S. optimistic it will reach critical minerals deal with EU
© Reuters. FILE PHOTO: Jose W. Fernandez, United States Under Secretary of State for Economic Growth, Energy, and the Environment speaks at Investing in African Mining Indaba…
Markets in Q3: Gains, pains and oil reigns
© Reuters. The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann
By Marc Jones…
COP28 president says oil companies support 2050 net-zero goal
© Reuters. FILE PHOTO: COP28 President Sultan Al Jaber poses for a photograph with delegates from the UAE after a news conference following his announcement that the UAE was…
Copper prices face decline amid strong dollar and growing inventories
© Reuters.
In a sharp turn of events at the start of Q4 2023, prices have seen a significant decline, driven by a robust dollar and growing inventories. The high U.S.…