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By Erwin Seba HOUSTON (Reuters) -Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s largest buyer, and possible tight supply in Europe this coming winter and away from the overthrow of Syria’s president. futures were up 51 cents, or 0.71%, to $72.64 a barrel at 1043 a.m. CST (1643…
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Investing.com– Gold prices rose in Asian trade on Tuesday, extending recent gains as heightened geopolitical tensions in Syria and a selloff on Wall Street fueled safe haven demand for the yellow metal. Among industrial metals, copper prices steadied on Tuesday after clocking sharp gains on promises of more stimulus measures from top importer China. But…
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(Reuters) – The Biden administration will offer oil and gas drilling leases in Alaska’s Arctic National Wildlife Refuge at a sale on Jan. 9, the U.S. Interior Department said on Monday. The agency will make 400,000 acres (161,874 hectares) available to drillers at the auction, the minimum required by a 2017 law that mandated the…
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By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) -Oil prices climbed on Monday after the fall of Syrian President Bashar al-Assad’s regime introduced greater uncertainty to the Middle East, although the gains were capped by a waning demand outlook for the coming year. futures rose 36 cents, or 0.51%, to $71.48 per barrel by 0513…
Read More “Oil climbs as Assad’s fall brings more uncertainty to Middle East By Reuters” »
Investing.com — Daiwa Capital Markets said in a research note to clients this week that it forecasts a 12-28% increase in global lithium supply over 2025-2026, driven by a rise in output from key regions such as Argentina, Australia, and Africa. However, they warn that lithium prices are likely to remain under pressure due to an…
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