Tag Archives: China

Oil prices remained largely unchanged on Wednesday, following a significant drop in the previous session that ended a three-day streak of gains. This stability comes amid ongoing concerns about potential supply disruptions from the Middle East and North Africa, as well as lingering worries about global fuel demand. Brent and …

Oil prices took a step back on Tuesday, following a sharp rally that saw them rise by more than 7% over the previous three sessions. The recent surge was driven by heightened concerns over potential supply disruptions in the Middle East and Libya, prompting traders to reassess the situation. Market …

WTI’s recovery above $76.50 reflects a delicate balance between supply risks and market dynamics. Geopolitical tensions in Libya, coupled with broader economic factors, continue to shape the oil landscape. As investors keep a close eye on developments, the WTI price remains susceptible to sudden shifts.West Texas Intermediate (WTI), a crucial …

Oil prices increased in Asian trading on Monday, continuing their rebound from the previous session. The ongoing conflict between Israel and Hamas showed no signs of a ceasefire, while comments from Federal Reserve Chair Jerome Powell fueled expectations of a September interest rate cut, further supporting oil prices. Brent crude …

Oil prices remained stable on Friday but are poised to end the week lower due to concerns over weakening U.S. employment data and ongoing ceasefire discussions in Gaza, which eased fears of supply disruptions. Brent crude futures rose by 16 cents (0.2%) to $77.38 per barrel by 0642 GMT.U.S. West …

Gold prices rose in Asian trading on Friday, recovering slightly from a steep drop in the previous session. The yellow metal remained supported by cautious sentiment as markets awaited an important address by Federal Reserve Chair Jerome Powell later in the day, which is expected to provide more clarity on …

Gold prices pulled back from record highs in Asian trade on Thursday, as the yellow metal’s rally cooled. The market remains focused on potential U.S. interest rate cuts and rising recession fears, which have created a volatile environment for precious metals. After surging to unprecedented levels earlier in the week …

Oil prices edged lower on Wednesday, influenced by growing U.S. crude inventories and indications that tensions in the Middle East may be easing after a diplomatic tour of the region by key mediators. Brent crude futures dipped by 11 cents, or 0.1%, to $77.09 a barrel by 0630 GMT, while …

Gold prices stabilized in Asian trading on Wednesday, following a series of record highs earlier in the week. The yellow metal has been buoyed by increasing expectations of lower U.S. interest rates, which have weakened the dollar and driven more investment into gold. As of 00:51 ET (04:51 GMT), spot …

China’s rapid ascent from a developing nation to a global economic powerhouse in the early 21st century was nothing short of astonishing. Fueled by massive investments and a seemingly insatiable appetite for commodities, the country became the world’s factory and a key driver of global growth. This era witnessed a …