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Oil Prices Slip Amid Tropical Storm Disruptions and Weak Chinese Demand
Oil prices declined on Tuesday as the impact of Tropical Storm Francine on supply was offset by concerns over weakening Chinese demand and persistent global oversupply. Oil Price Analysis Brent crude futures:...
Crude Oil Price Analysis
Oil prices experienced a sharp decline over the past week, with Brent crude falling below $80.60 per barrel. This represents a drop of over $7 from the peak reached on July 5th. Several factors have contributed...
Copper Price Analysis and Forecast
In Early 2023 copper prices started strong due to China reopening its economy, a major consumer of copper. They even reached a two-year high of nearly $10,000 per tonne in mid-February 2024. Prices experienced...
Why Eurozone Inflation Might Stay High
Everyone is waiting to see the inflation numbers for the Eurozone on July 2nd. Economists predict inflation will go down to 2.4% compared to last year. This would be good news because inflation was higher...
What's Next For Copper Price?
Copper price has been going down recently, but the decline seems to be slowing. This is because warehouses in China, especially in Shanghai, have a lot of copper stored right now. This is the highest amount...
Natural Gas News And Price Prediction
Natural gas futures rose on Monday, driven by a combination of factors. Unexpected weather forecasts predicting hotter temperatures across most of the country sparked a surge in national demand for natural...
Oil Prices Rise: Summer Demand and OPEC+ Meeting
Oil prices in Asia increased on Tuesday, building on gains from the previous session. This upward trend is driven by the anticipation of robust summer fuel demand in the United States and in anticipation...
Oil Price News | Oil Prices Fall
Oil prices fell for a fourth consecutive day on Thursday after the release of the Federal Reserve's policy meeting minutes. The minutes indicated the central bank's willingness to further tighten interest...
Why Is Copper Price Rising
Copper prices hit record highs this week, driven by rising demand for the red metal in renewable energy, EVs, and grid infrastructure projects. The rally is expected to continue as supply struggles to...
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