by admin | May 16, 2024 | Commodity News
(.) – A barge crashed into a bridge on the Texas coast on Wednesday, forcing the closure of the only roadway to a small island off the city of Galveston, city officials said. No injuries were reported and the Pelican Island Bridge remained standing after the...
by admin | May 16, 2024 | Commodity News
. – The record recovery of is boosted by Central Banks, which are increasing their exposure by moving out of positions in US Treasury securities. This was pointed out in a note to the market yesterday by the Swiss group Julius Baer, which projects that, nonetheless,...
by admin | May 15, 2024 | Commodity News
By Natalie GroverLONDON (.) – The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC regarding the outlook for global oil demand this year. The...
by admin | May 15, 2024 | Commodity News
. – The International Energy Agency cut its forecast for 2024 oil demand growth earlier Wednesday, citing weak demand in developed OECD nations, in particular in Europe.The Paris-based organization, in its , lowered its growth outlook for this year by 140,000...
by admin | May 15, 2024 | Commodity News
By Noah BrowningLONDON (.) -Oil prices rose on Wednesday on expectations for higher demand as the U.S. dollar weakened and a report showed and gasoline inventories fell while the release of inflation data may point to a more supportive economic outlook. futures were...
by admin | May 15, 2024 | Commodity News
.– Oil prices rose in Asian trade on Wednesday as industry data showed a drop in U.S. inventories and boosted expectations of tighter supplies, although anticipation of key inflation data kept gains limited. Crude markets took some positive cues from Federal...
