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U.S. MARS CRUDE
India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...- Trump's Iran agreement resets the mood ahead of a tense G7 gatheringTrump will attend the G7 summit in France after announcing a deal to end the U.S. and Israel's war with Iran. This agreement aims to reopen...
- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- Gold slips as US-Iran tensions lift oil, stoke inflation fearsGold prices dipped as escalating U.S. actions in Iran sent oil soaring, sparking inflation worries and prolonging high interest rates. Desp...
- Gold steady on weaker dollar after Trump pauses planned Iran attackGold prices stabilized as a weaker dollar and falling oil prices eased inflation worries, following President Trump's decision to pause an ...
- Gold steady as investors weigh Middle East risks, stalled US–Iran peace talksGold prices remained largely steady as escalating Middle East tensions and stalled U.S.-Iran peace talks kept investors on edge. Despite re...
- AWL Agri Business flags 20% rise in oil-linked costs amid Middle East conflictAWL Agri Business is experiencing a 20% rise in input costs. This surge is linked to the Middle East conflict impacting fuel, chemicals, an...
- Gold set for weekly drop as higher oil prices stoke inflation fearsGold prices held firm Friday, yet are poised for a weekly decline. Soaring oil prices, fueled by stalled U.S.-Iran peace talks, are sparkin...
- Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...
- Gold falls on firm dollar, fading Fed rate-cut hopesGold prices dropped significantly on Monday. A stronger US dollar and reduced expectations of Federal Reserve interest rate cuts pressured ...
- Gold falls more than 1% as Houthi attack lifts oil, dims Fed cut hopesGold prices tumbled over 1% as escalating energy costs fueled inflation fears, diminishing hopes for U.S. interest rate cuts this year. The...
- Gold set for fourth weekly fall as Mideast war boosts rate-hike betsGold prices are steady but heading for a fourth weekly drop. Surging energy prices from the Middle East conflict are fueling inflation worr...
- Gold rises off one-month low; firm dollar, hawkish Fed cap gainsGold prices saw a slight increase on Thursday after hitting a one-month low. However, a strong dollar and the Federal Reserve's hawkish sta...
- Iran conflict boosts U.S. Gulf oil prices to highest since 2020Middle Eastern heavy crude production cuts, triggered by the Iran conflict and Strait of Hormuz disruptions, are sending U.S. Gulf Coast he...
- Oil gains as investors weigh Middle East tensionsOil prices edged higher in early Asian trading as Middle East tensions and ongoing Russia-Ukraine conflict fueled supply disruption concern...
- Oil prices rise after US and China reach trade-deal frameworkOil prices saw an increase early Monday. This rise followed positive developments in U.S.-China trade talks. Economic officials outlined a ...
- Indian Oil, BPCL said to buy 22 million barrels of non-Russian crude for Sept-Oct deliveryIndian Oil Corporation and Bharat Petroleum Corporation have purchased a significant amount of non-Russian crude oil. The state refiners ac...
- China's retaliatory tariffs on crude likely to push US exports lower in 2025Beijing's 10% tariffs on U.S. crude could cause a decline in U.S. oil exports in 2025. The growth stagnated in 2024 amid shale production c...
- Oil up in choppy trade; US inventories up but Russia cuts supplyLower trading volumes contributed to the volatility, with Brent trading at 42% and WTI trading at 64% of the previous session's levels
- Oil prices hit 11-mth highs on tighter supplies, Fed assurance on low ratesBrent crude futures for April gained 19 cents, 0.3 per cent, to $67.23 a barrel by 0400 GMT, while U.S. West Texas Intermediate crude for A...
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