India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India's days of buying cheap Russian oil may be over, as sweeping U.S. sanctions against Russian energy companies and oil ...
Friday, February 7, 2025
Tag: Commodity markets
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan's Nippon Steel CEO reaffirmed the company's commitment to acquiring U.S. Steel despite being sued by the Biden administration over ...
Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood
Gold prices plummeted by 3% following Scott Bessent's selection as Treasury secretary by President-elect Donald Trump, and reports of a ...
Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
Gold prices hit a near two-month low following Trump's election victory, with spot prices dropping 7% to $2,559.2 per ounce. ...
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Market watchers are predicting a bearish outlook for crude oil prices, with fears of a drastic fall if OPEC+ unwinds ...
Top trader Vitol eyeing metals market as global oil demand set to peak in 10 years, CEO signals
Vitol, the world's largest independent energy trader, is shifting its focus to the metals market as global petroleum demand is ...
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