Commodities

CARACAS (Reuters) – Venezuela’s gold reserves fell by eight metric tons in the year’s first half, central bank data showed on Friday, continuing a years-long reduction in the reserves amid a prolonged economic crisis. The drop in the first six months of 2023 brought the central bank’s total reserves to…

ABUJA (Reuters) – The World Bank is aiming to help fund construction of 1,000 mini solar power grids in Africa’s biggest economy Nigeria in partnership with the government and private sector, the lender’s president Ajay Banga said on Saturday. Nigeria, with a population of more than 200 million people, has…

BELEM, Brazil (Reuters) – Environmental demonstrators protested on Sunday against plans by Brazilian state-run oil company Petrobras to drill for oil at the mouth of the Amazon (NASDAQ:) river. “Oil-free Amazon,” said a banner held by the group of 50 protesters outside a convention center where heads of state of…

By Anna Wlodarczak-Semczuk WARSAW (Reuters) -Polish pipeline operator PERN said it had halted pumping through a section of the Druzhba pipeline, which connects Russia to Europe, after detecting a leak in central Poland on Saturday, but it expects flows to resume on Tuesday. PERN said there was no indication a…

By Muyu Xu, Alex Lawler and Arathy Somasekhar SINGAPORE (Reuters) -Surging exports in 2023 are pushing down oil prices in Europe and Asia, proving a key source of supply as producers cut output and sanctions on Russian crude disrupt trade flows. The introduction in June of U.S. crude grade WTI…

Investing.com — Gold prices rose slightly on Monday, recovering slightly after steep losses in the past week, while copper prices moved little before a slew of key U.S. and Chinese economic readings in the coming days. Rising , driven by concerns over higher interest rates and a U.S. ratings downgrade,…

(Reuters) -U.S. scientists have achieved net energy gain in a fusion reaction for the second time since December, the Lawrence Livermore National Laboratory (NYSE:) said on Sunday. Scientists at the California-based lab repeated the fusion ignition breakthrough in an experiment in the National Ignition Facility (NIF) on July 30 that…

© 2024 Finances Smart. All Rights Reserved.