Morgan Stanley is out with its latest price outlook in which the firm’s strategists said they expect a return of more sustained upside and are targeting $120/t in Q3.They said that iron-ore is seeing resistance at $100/t, a level at which…
By Nichola Groom (Reuters) -President Joe Biden's administration on Friday finalized a range of reforms designed to boost returns and address environmental harms from drilling on public lands, a move that will increase fees for oil and gas…
prices have been on a tear over the last two months, a development that has caught many by surprise. After a slight rise towards the later months of 2023, the precious metal has surged since mid-February, defying some earlier predictions…
By Nicole Jao NEW YORK (Reuters) -Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a bearish world oil demand growth forecast from the International Energy Agency (IEA) and worries about…
Investing.com -- Oil prices snapped a two-week wining streak despite settling higher Friday, as reports that Israel is bracing for a potential attract from Iran that could come as soon as this weekend, kept geopolitical tensions and the…
MOSCOW/LONDON (Reuters) - Russian oil and products have become trapped at sea on four tankers after the United States hit the vessels with fresh Iran-related sanctions, LSEG data showed on Friday. The development shows how Moscow and…
Is immigration why employment reports from the Bureau of Labor Statistics (BLS) continue defying mainstream economists’ estimates? Many are asking this question as the U.S. experiences a flood of immigrants across the southern border.…
By Giulio Piovaccari Verona, Italy (Reuters) -China's top trade official warned Brussels against protectionism on Friday, saying Beijing was puzzled by EU probes into green tech exports and the bloc's concerns they threaten the domestic…
By Nichola Groom and Jorge Garcia (Reuters) - A major battery plant near Los Angeles will be among the largest in the world when it comes online later this year, promising to shore up California's power grid during the peak summer season…
A look at the day ahead in U.S. and global markets from Mike Dolan With markets now re-shuffling central bank rate cut calendars, attention switches abruptly to the first quarter U.S. corporate earnings season on Friday - against a…