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Brent settled flat yesterday despite rising tension between Russia and Ukraine. Developments related to Iran’s nuclear program likely countered some of the geopolitical risk Energy – Iran Counters...
Oil prices increased yesterday due to supply outages and a weaker US Dollar. Meanwhile, despite Gazprom halting supply to OMV, Russian pipeline gas continues to flow into Europe as usual Energy –...
The oil market started the week at the lower end of the trading range for the last two months, coinciding with the lower end of the range for the last three years and the upper end for the price in...
China’s finance ministry announced last week that it would end its export tax rebate policy for Aluminium, starting 1 December. LME aluminium prices surged as much as 8.5% on Friday following the...
European gas prices are trading at their highest levels since November last year on concerns that some Russian pipeline flows could be disrupted soon. Energy - European Gas Surges, US Gas Falls Most...
OPEC cuts oil demand growth forecasts for 2024 and 2025, citing concerns about the Chinese economy. China’s stimulus measures have failed to impress, and the country’s economic outlook remains a...
Brent crude oil prices have continued to slip, touching $71.74 a barrel on Tuesday. This marks a downturn influenced by China's underwhelming stimulus measures. The market's lack of confidence in...
Natural gas prices in the US and Europe surged higher yesterday. Short covering in Henry Hub provided more momentum to the rally Energy - Natural Gas Strength, Oil Weakness Oil prices came under...
Crude Oil The price of a barrel of crude oil has fallen 1.6% since the start of Monday, bringing the decline over the last two trading sessions to 4%. Pressures on the oil price include signals from...
The complex came under pressure on Friday after the market was left disappointed with the Chinese government’s debt package Energy – European Natural Gas Rallies Oil prices came under pressure on...
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