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Copper fell toward $6.4 per pound on Wednesday, hitting its lowest level in a month as rising oil prices and global bond yields kept inflationary risks and interest rate concerns in focus, weighing on the demand outlook. Oil prices advanced for a third consecutive session amid escalating hostilities between the US and Iran, complicating efforts ...
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Energy – ICE gasoil crack hits new record highs Brent pushed back above $95/bbl, reaching its highest level in more than a month, as Persian Gulf tensions escalated further.
The latest data from the American Petroleum Institute (API) reveals a significant decline in U.S. crude oil inventories, marking a substantial shift in market dynamics.
US natural gas prices rose to $2.94/MMBtu, reaching their highest level in nearly eight weeks, as hot weather persisted and LNG export activity strengthened.
Resource-rich Indonesia is expanding its production of aluminum as the Iran war disrupts supplies, relying on its abundant coal reserves to power new smelters that run contrary to efforts to curb…
Coal prices rallied to around $145 per ton in early September, reaching their highest levels in eleven weeks amid robust global energy demand and persistent supply risks.
India imported 11.86bcm of LNG in April-July, up 5.3% year on year, according to provisional data published by the Petroleum Planning and Analysis Cell (PPAC), the research arm of India’s oil…