Recent reports suggest that the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) are considering changes to their production cuts agreement. While the voluntary cuts are expected…
Browsing: Commodities
OPEC+ (Organization of the Petroleum Exporting Countries and its allies) is nearing a decision to postpone the planned increase in oil production by another three months. The group, which has…
The Chinese Commerce Ministry has expressed its concerns over the European Union’s (EU) plan to impose anti-dumping duties on Chinese titanium dioxide imports starting in 2025. The Ministry hopes the…
Oil prices are experiencing a slight upward trend as the market anticipates a crucial decision from OPEC+ (Organization of the Petroleum Exporting Countries and its allies) regarding oil production levels.…
U.S. crude oil futures experienced a decline of 2.00% on [Date of News], settling at $68.54 per barrel. This drop is attributed to a confluence of factors, including concerns about…
Brent crude oil futures, a key global benchmark for oil prices, settled lower on [date], closing at $72.31 per barrel. This represents a decrease of $1.31, or 1.78%, from the…
Gold prices are experiencing a minor recovery after an initial dip following the release of the U.S. ADP National Employment Report. The report showed that private employers added 235,000 jobs…
Russia has announced that its crude oil production in November remained almost in line with the targets set by the OPEC+ agreement. This comes at a time when OPEC+ is…
The Ministry of Coal is set to conduct the 11th round of commercial coal mine auctions on December 5th, 2024, in New Delhi. This initiative aims to increase domestic coal…
German Chancellor Olaf Scholz has announced plans for further discussions with the steel industry, emphasizing the importance of maintaining domestic steel production. This comes amid concerns about the industry’s future…