Commodities & Futures News

Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

By Florence Tan, Emily Chow and Siyi Liu SINGAPORE (Reuters) – Global oil prices are expected to stay in the…
China’s cheap Iranian oil supply at risk from tighter Trump sanctions

China’s cheap Iranian oil supply at risk from tighter Trump sanctions

By Chen Aizhu and Siyi Liu SINGAPORE (Reuters) -China faces a squeeze on supplies of cheap Iranian crude, which make…
Trump’s victory may pressure oil prices through 2025, Citi says

Trump’s victory may pressure oil prices through 2025, Citi says

(Reuters) – Citi forecasted on Wednesday that U.S. President-elect Donald Trump’s second term could exert downward pressure on oil through…
Texas voters reelect conservative Craddick to lead oil regulator

Texas voters reelect conservative Craddick to lead oil regulator

By Georgina McCartney HOUSTON (Reuters) – Texas on Tuesday reelected conservative incumbent Christi Craddick as chairman of the state’s oil…
Gold prices slump as dollar, Treasury yields, surge on Trump election victory

Gold prices slump as dollar, Treasury yields, surge on Trump election victory

Investing.com–Gold prices fell sharply Wednesday, pressured by a spike in the dollar and Treasury yields after victory for Donald Trump…
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