Energies
Commodities include agricultural products such as wheat and cattle, energy products such as oil and natural gas, and metals such as gold, silver, and aluminum.
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WTI continues to rise toward $69.00 due to improved demand outlook in China
WTI price appreciates as China announced plans to adopt proactive fiscal stimulus measures next year. API Weekly Crude Oil Stock…
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China Vows to Ramp-Up Stimulus, Crude Oil Price Jumps
January WTI crude oil (CLF25) today is up +1.56 (+2.32%), and January RBOB gasoline (RBF25) is up +0.0508 (+2.66%). Crude…
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USD/CAD fails again at 1.4180, higher Oil prices are supporting the loonie
The US Dollar is rejected at 1.4180 and the CAD picks up with Oil prices bouncing up. Chinese authorities have pledged more…
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Geopolitical risks in the MidEast are the highest since the Gulf War – TDS
China is more relevant to crude oil prices than the fall of Bashar Al-Assad’s regime, TDS’ Senior Commodity Strategist Daniel Ghali notes.…
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WTI recovers from multi-week low, climbs closer to mid-$67.00s
WTI attracts some buyers and snaps a three-day losing streak to a multi-week trough. Rising Middle East tensions turn out…
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Nat-Gas Prices Pressured by Warmer US Weather Forecasts
January Nymex natural gas (NGF25) on Friday closed lower by -0.003 (-0.10%) Jan nat-gas prices on Friday closed slightly lower…
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Crude Oil slides more than 1% on Friday
Oil prices dives lower on Friday, over 1% on the day, for a third consecutive day. The OPEC+ decision, which was…
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NATGAS Sideways After EIA Report
EIA Natural Gas Change BCF Actual -30B (Forecast -36B, Previous -2B) Working gas in storage totaled 3,937 Bcf as of…
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Oil Weaker as OPEC+ Plans to Delay Oil Output Hike Until April 2025
According to Reuters sources, the OPEC+ cartel is set to gradually phase out production cuts starting after the first quarter…
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WTI remains depressed below $68.50; OPEC+ meeting eyed for fresh impetus
WTI drifts lower for the second successive day, though any meaningful slide seems elusive. Concerns that geopolitical tensions can cause…
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