Commodities & Futures
Investing.com– Gold prices rose in Asian trade on Thursday as heightened tensions between Russia and Ukraine underpinned safe haven demand, helping bullion weather strength in the dollar. Gold rose for a fourth consecutive session, extending a rebound from over two-month lows. But the yellow metal’s pace of gains now appeared…
By Lisa Baertlein LOS ANGELES (Reuters) – Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe. Their order books, however,…
By Alex Lawler, Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some members want to pump more,…
By Kate Abnett, Nailia Bagirova and Karin Strohecker BAKU (Reuters) -Countries at the COP29 climate summit were warned on Wednesday that the “hardest part” was about to start in talks over how much money should be provided to developing countries to help them cope with climate change. Figuring out what…
Investing.com — The U.S. market is poised to enter a new cycle of demand growth, with major drivers being rising liquefied natural gas exports and increased electricity consumption, according to analysts at Morgan Stanley (NYSE:). Despite challenges such as elevated inventories and production constraints, the long-term outlook for the market…
By Francois Murphy VIENNA (Reuters) – U.N. nuclear watchdog chief Rafael Grossi said on Wednesday he hopes Iran’s move towards capping its stock of uranium just short of weapons grade will hold, as his agency’s board was set to pass a Western-drafted resolution that could derail that. Iran has taken…
Investing.com– Gold prices rose on Wednesday, gaining more ground as safe haven demand was buoyed by heightened tensions over Russia and Ukraine, although resilience in the dollar limited overall gains. The yellow metal rebounded sharply from two-month lows this week, taking some relief from mild weakness in the dollar. But…
BAKU (Reuters) – Marathon COP29 climate talks enter their final stretch on Wednesday when the Azerbaijani hosts are due to publish an update on negotiations so far as the summit seeks to agree a new goal on issues including climate finance. The talks, which began on Nov. 11, are due…
By Eduardo Baptista and Lisandra Paraguassu RIO DE JANEIRO (Reuters) – Chinese President Xi Jinping’s state visit to Brasilia on Wednesday caps a diplomatic blitz across South America that has shown Beijing’s growing clout in the region and at global forums where it filled a gap left by the U.S.…
Investing.com — Oil prices rose Monday as more intense fighting between Russia and Ukraine raised the possibility of a disruption to supplies, although gains have been limited by concerns about fuel demand in China and the potential of a global oil surplus next year. By 09:15 ET (14.15 GMT), the…