Oil prices rose for a third day on Tuesday, hitting a one-week high after rising more than 3% in the previous session, sparking earlier expectations by oil exporters that Iran would make a quick return to international crude markets. Brent crude futures rose 14 cents, or 0.2%, to $ 68.60 a barrel at 0400 GMT,…
The Chicago-based research firm AgResource noted that CBOT Agricultural Futures adjusted to technologically advanced prices last week. AgResource’s long-term outlook for the future of CBOT agriculture remains positive, but there may be some back and forth in the short term. Spot CBOD corn was low following the May expiration, with support for the July trial…
GECF firmly believes that natural gas, through its abundant, affordable, and clean hydrocarbons, plays a key role in energy conversion, while supporting progress in many sustainable development dimensions, including the protection of ecosystems, human health, and the economy. The Gas Exporting Countries (GECF), a government-coalition partnership of 19 of the world’s leading gas producers, represents…
Gold rose on Monday morning in Asia, trading near its four-month high. Gold futures were up 0.39% at $ 1,884.05 after rising to 89,890.13 in the previous week after January 8. The dollar, which normally moves against gold, rose on Monday but was nearing its lowest level in three months. The key 10-year Treasury yield…
Oil rose in Asia on Monday morning, with U.S. Investors’ sentiment has been boosted by signs of an economic recovery and improved outlook for fuel demand following the COVID-19. Investors are also watching the progress of negotiations to renew the 2015 Iranian nuclear deal, which is likely to boost global crude supplies. Brent oil futures…
Oil prices flattened on Thursday after a two-day slump that reflected the world’s mixed economic recovery from the U.S. epidemic. Demand is expected to continue to rise, while the second coronavirus outbreak in India has further hampered the movement. Brent crude was up 11 cents, or 0.2%, at $ 66.77 a barrel at 0657 GMT,…
Gold fell in Asia on Thursday morning but was slightly lower than the four-month high during the previous session. The Federal Reserve began debating whether it could type out its current bad monetary policy. Gold futures rose 0.28% to $ 1,876.20, hitting a high of $ 1,889.75 on Wednesday, January 8th. The central bank released…
Oil prices fell for a second day on Wednesday on fears that rising US coronavirus cases and inflation could lead to the US Federal Reserve raising interest rates, which could restrict economic growth. Brent crude futures fell 57 cents, or 0.8%, to $ 68.14 a barrel at 0642 GMT. It was down 1.1% on Tuesday…
A major U.S. power outage occurred on Monday after the pipeline network was restored. Oil prices have risen sharply, however, new regulations in Asia have raised sentiment amid rising COVID-19 cases. Brent crude futures rose 3 paise to $ 68.74 a dollar in early trade at $ 68.74 a dollar, while West Texas Intermediate (WTI)…
Gold in Asia high to a three-month high on Monday morning, researchers said. The dollar, which normally moves against gold, rose to a 10-year low of Rs. Treasury yields fell further from a one-month high in the previous week. Industrial production growth slowed to 9.8% year-on-year in April, according to Chinese data released the previous…
