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Investing.com - Gold futures gained in Asia on Tuesday with a government shutdown in the US ended for at least three weeks after President Donald Trump signed a continuing funding resolution passed by Congress on Monday.
Fremont Petroleum Corporation Limited (ASX:FPL), a A$2.80M small-cap, operates in the oil and gas industry which has endured a prolonged oil price downturn since mid-2014. However, energy-sector analysts are forecastingRead More...
Investing.com - Crude oil prices were mixed in Asia on Tuesday with the government shutdown worries out of the way for at least three week and markets poised for weekly inventory figures.
Oil settled higher on Monday after dollar fluctuations and the restart of some Libyan oil fields caused the market to vacillate, with prices testing lower before rallying to levels just below three-year highs. Brent crude futures for March delivery settled up 42 cents, or 0.6 percent, at $69.03 a barrel, after earlier rallying to $69.51. The dollar index, which measures the greenback against six rival currencies retreated to near a three-year low, but pared losses as the U.S. government shutdown appeared poised to end.
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures ended a four-session decline with a more than 1 percent ...
Who or what will stop the oil price hike? Two experts weighed in with Bloomberg, revealing that traditional energy analyses are making way for unconventional ones
TORONTO (Reuters) - Canada's main stock index edged lower on Monday as railroad and materials shares declined, offsetting gains for the energy group, which was supported by higher oil prices. - The Toronto Stock Exchange's S&P/TSX composite index fell 5.48 points, or 0.03 percent, to 16,347.98. - The modest decline came ahead of the resumption of talks on Tuesday to renegotiate the North American Free Trade Agreement. - Losses for the index were pared as stocks on Wall Street reached record highs after a deal by U.S. senators to end the federal government shutdown. ...
Investing.com – Crude oil prices settled higher as rising Libyan oil output was offset by ongoing optimism that major oil producers would remain committed to the deal to curb production.
Yancoal Australia Ltd (ASX:YAL), a AUDA$6.81B mid-cap, operates in the oil and gas industry which has seen a prolonged oil price downturn since mid-2014. However, energy-sector analysts are forecasting forRead More...
Investing.com - Natural gas futures edged higher to start the week on Monday, as market players monitored winter weather forecasts to gauge demand for the fuel.
Investing.com - Crude oil prices edged lower on Monday, despite support from recent comments by Saudi officials, as traders were still assessing U.S. production levels.
With its oil production falling to a nearly three-decade low, Venezuela is taking over the rotating presidency of OPEC for 2018
BAGHDAD (AP) — Iraq has signed a deal with a U.S. company to tap natural gas in one of its southern oil fields, a step toward exploiting a natural resource that has been neglected for decades.
Jan 22 (Reuters) - Newton Resources Ltd: * GROUP ENTERED MOU WITH A COAL MINING COMPANY IN PRC * PURCHASE PRICE OF COAL IS EXPECTED TO BE DETERMINED BY REFERENCE TO AVERAGE SELLING PRICE OF COAL * UNDER ...
The recent OPEC-led rally in crude prices is hitting refinery profits hard, flashing warning signs over oil's bull run. Higher oil prices typically quench consumption and squeeze profit margins at refiners that convert the feedstock into gasoline, diesel and aviation fuels. Benchmark profit margins in key refining hubs dropped sharply in recent weeks - by over 50 percent in the U.S. Gulf Coast and northwest Europe, Reuters data shows - increasing expectations that some refiners will reduce operating rates.
* Palm registers strongest daily gain in more than two weeks * Gains in related oils also supportive -trader * Palm could find support at 2,426 ringgit/tonne -technicals (Updates with closing prices) By ...
Jan 22 (Reuters) - * Average crude palm oil prices are forecast to be $620 per tonne on Indonesia free-on-board (FOB) basis from April to June this year, said leading vegetable oils analyst Thomas Mielke ...