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5 hours ago · Crude oil processors, coal miners and steelmakers were among the few businesses to show falling profitability or outright losses in the first five months of 2024. By Bloomberg News 29 Jun 2024 04:00
5 hours ago · US West Texas Intermediate (WTI) crude futures settled 20 cents lower, or 0.24%, to US$81.54. NEW YORK: Oil prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances the Federal Reserve will start to cut interest rates this year.
5 hours ago · In commodities, oil rates edged greater as large wildfires. threatened Canada's oil sands and ahead of an expected drop in. U.S. crude oil and gasoline stocks. U.S. crude was up 0.6% at $78.47 a barrel, while. Brent crude was up 0.5% at $82.78.
16 hours ago · ET Bureau. Warren Buffett is donating another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation since he began making them in 2006. Buffett's donations boost his overall giving to the charities to about $57 billion, including donations to the family charities ...
1 day ago · The price of gold on MCX is currently in the range of ₹71,000 to ₹72,000 per 10 grams, and in the spot market it is in the range of $2,310 to $2,340 per ounce. In view of these factors, experts advise investors to adopt a buy on dips strategy, as the market is expecting positive US inflation data.
1 day ago · An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset. Is Bitcoin futures ETF approved? Yes.
1 day ago · Recent figures released by the U.S. Energy Information Administration (EIA) reveal an increase in U.S. crude oil inventories of 3.6 million barrels for the week ending June 21. This increase contrasts sharply with analysts’ forecasts, who anticipated a drop of 2.8 million barrels, according to a consensus from the Bloomberg agency.
