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The Trump administration has been eager to prop up the US coal industry despite evidence that it's in a steep decline.
At the end of the session on Saturday with negotiations going nowhere, it’s starting to look like the shutdown could last well into next week.
The direction of the gold market this week is likely to be determined by the movement in U.S. Treasury yields and the U.S. Dollar.
On Friday, the International Energy Agency (IEA) reported both bullish and bearish information in its monthly report, but the bearish news outweighed the bullish news.
MOSCOW (Reuters) - Russian Energy Minister Alexander Novak met his Saudi counterpart Khalid al-Falih in Oman on Saturday, where they both expressed satisfaction with the way oil market has been rebalancing, ...
Rapidly rising shale production has not only reversed decades of decline but positions the country to become the top oil producer this year.
Malaysian palm oil prices are forecast to rise to 2,700 ringgit ($685.98) a tonne in the next three months due to falling stockpiles and increased demand from Indonesia, leading edible oils analyst James Fry said on Saturday. Crude palm oil (CPO) prices are also expected to hit $690 a tonne on a free-on-board basis, he told an edible oils conference in Karachi, Pakistan, according to an early copy of his presentation. Rising stock levels typically weigh on benchmark palm oil prices, which have lost more than 10 percent since November on rising Malaysian stockpiles.
KUALA LUMPUR, Jan 20 (Reuters) - Exports of Malaysian palm oil products for Jan. 1-20 fell 16.7 percent to 727,958 tonnes from the 874,022 tonnes shipped during Dec. 1-20, cargo surveyor Intertek Testing ...
Kazakhstan committed to cutting production by 20,000 bpd as part of the OPEC / NOPEC deal, sadly the country has been the least compliant of all participating nations