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6 hours ago · In commodities, oil costs edged greater as large wildfires. were threatening Canada's oil sands and as the market anticipated. U.S. crude oil and gas inventories to show a drawdown later. in the day. U.S. crude was up 0.68% at $78.55 per barrel and. Brent was at $82.87 per barrel, up 0.59%. Spot gold was little altered at $2,356.64 per ounce.
1 day ago · In commodities, oil costs edged greater as large wildfires. were threatening Canada's oil sands and as the market anticipated. U.S. crude oil and gas inventories to show a drawdown later. in the day. U.S. crude was up 0.68% at $78.55 per barrel and. Brent was at $82.87 per barrel, up 0.59%. Spot gold was little altered at $2,356.64 per ounce.
6 hours ago · According to the Eurostat, crude oil imports decreased from 8.7 Mt. in Q2 2022 to 1.6 Mt. in Q2 2023 (Eurostat, 2023). Moreover, the EU, the United States, the G-7, and Australia set the price cap on Russian oil at $60 per barrel for crude oil, $45 per barrel for discounted petroleum products, and $100 per barrel for premium petroleum products to sell to other parts of the world (European ...
1 day ago · Geopolitical Tensions Drive Oil Prices Crude oil futures will close the week up more than 2%, driven primarily by rising tensions between Israel and Hezbollah. The market has largely discounted weak US gasoline demand, focusing instead on potential supply disruptions in the Middle East. This price movement underlines the sensitivity of the oil market to… Continue reading Geopolitical risk ...
6 hours ago · As per these statistics, about 100,000 metric tons of edible oil annually is sufficient, but the FATA and PATA Ghee units have imported about 353,000 metric tons of oil in FY24, which is much ...
6 hours ago · In the currency markets, U.S. Dollar Index increased five ticks. August crude oil expanded $0.98 per barrel. Comex gold gained 540 per ounce, and the Goldman Sachs Commodity Index was down more than three points to settle at 577.65. Joining us now, regular market analyst Ted Seifried. Hi, Ted. Hey, Paul. So anything going on today?
6 hours ago · FM-Radio Market Overview: U.S. core PCE inflation rose 2.6% in May, hitting a new low in more than three years, and the short-term inflation outlook of U.S. consumers fell, once weighing on the dollar and U.S. Treasury yields...
