Gasoline falls below $9/bbl as stocks rise
Asia’s gasoline refining profit margin fell below $9 a barrel on Thursday after an unexpected rise in inventories at the…
Global gas markets rebalancing, to remain tight in 2023- IEA
(Reuters) – Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline…
South Africans call for UK to return diamonds set in crown jewels
(Reuters) – Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star of…
Oil prices recover after three-day plunge; demand worries linger
(Reuters) – Oil prices rose on Thursday but were unable to claw back the more than 9% decline during the…
Oil extends losses ahead of expected interest rate hikes
(Reuters) – Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted about the…
Gold firms above $2,000 as Fed anxiety, bank rout boost safe havens
Gold prices moved little in early Asian trade on Wednesday, but were underpinned by increased safe haven demand amid renewed…
Crude oil lower on global demand worries; API inventories due
Oil prices drifted lower Tuesday, continuing the previous session’s losses on fears of a global economic slowdown hitting demand for…
Marathon Petroleum posts bumper profit on high demand, tight supply
(Reuters) – Marathon Petroleum Corp (NYSE:MPC) posted a bumper profit on Tuesday, benefiting from higher margins on sustained fuel demand…
Lithium prices bounce after big plunge, but surpluses loom
(Reuters) – Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but…
XAU/USD: Gold Prices Firm After US Economic Growth Slows Down to 1.1%
The American economy flagged its first big recession signal as it expanded way below estimates in the first quarter. Gold…