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Tag Archives: Economy

Commodity

Commodity News

OIL PRICES SOAR AFTER DROP IN US STOCKPILES Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed US stockpiles had eased from record highs. Prices surged on Wednesday after a slew …

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Commodity

Commodity News

OIL PRICES SPRING BACK Oil prices climbed on Thursday after sharp losses the session before, buoyed by strong compliance with touted international production cuts, although a surge in US crude inventories continued to drag. The Organization of the Petroleum Exporting …

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Commodity

Commodity News

GOLD INVESTORS GET A WAKE UP CALL AS US RATE-HIKE ODDS SURGE Gold investors are waking up to the reality of an increasing probability that borrowing costs in the US could rise this month. Bullion futures fell for a second …

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Commodity

Commodity News

OIL PRICES RISE AFTER DROP IN US INVENTORIES Oil prices rose on Thursday after US data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. Benchmark Brent crude …

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