Commodities
Investing.com– Oil prices rose further in Asian trade on Wednesday, sticking to 10-month highs as bigger-than-expected supply cuts by Saudi Arabia and Russia pointed to tighter supplies this year. Prices extended bumper gains from the prior session, after Saudi Arabia said it will extend its current 1 million barrel per-day…
Investing.com — Oil prices fell Tuesday, retreating from their highest levels this year as weak Chinese services activity data pointed to more headwinds for the world’s second largest economy, and largest crude importer. By 08:50 ET (12.50 GMT), the futures traded 0.1% lower at $85.50 a barrel, while the contract…
Investing.com– Gold prices moved little on Tuesday amid a dearth of direct cues, while the dollar and Treasury yields remained steady before a string of Federal Reserve speakers this week. While the yellow metal marked a strong run-up over the past two weeks, it has struggled to make headway in…
By Natalie Grover LONDON (Reuters) – Oil prices dipped on Tuesday as fresh data added to gloom over the state of China’s post-pandemic recovery, although expectations of an extension in supply cuts by leading OPEC+ members limited losses. By 0754 GMT, futures for November were down 65 cents at $88.35…
By Sarah El Safty and Michael Hogan CAIRO (Reuters) – Egypt’s state grains buyer bought about a half a million metric tons of Russian wheat in a private deal, four traders told Reuters, succeeding in negotiating lower prices than those offered in the more traditional tenders. One of the world’s…
By Pavel Polityuk, Tom Balmforth and Luiza Ilie KYIV/BUCHAREST (Reuters) – Ukraine said on Monday Russian drones had detonated on the territory of NATO member Romania during an overnight air strike on a Ukrainian port across the Danube River, but Bucharest denied its territory had been hit. Reuters could not…
MOSCOW (Reuters) -Turkish President Tayyip Erdogan said after talks with Russia’s Vladimir Putin on Monday that it would soon be possible to revive the grain deal that the United Nations says helped to ease a food crisis by getting Ukrainian grain to market. Russia quit the deal in July -…
Investing.com — Oil prices edged lower Monday, handing back some of the previous week’s strong gains but remaining near three-week highs on expectations that major producers will keep supplies tight. By 05:05 ET (09.05 GMT), the futures traded 0.2% lower at $85.42 a barrel, while the contract dropped 0.2% to…
Investing.com– Gold prices rose slightly on Monday, extending gains from the prior session as mixed U.S. labor data cemented expectations that the Federal Reserve will keep interest rates on hold. This notion weighed on the and , allowing the yellow metal to appreciate on the prospect of fewer increases in…
KYIV (Reuters) -A Russian drone strike on a Ukrainian grain exporting port damaged warehouses and set buildings on fire on Monday, Kyiv said, hours before scheduled talks between Russian President Vladimir Putin and Turkish leader Tayyip Erdogan. The attack on the Danube River port of Izmail in Ukraine’s southern Odesa…