by admin | Aug 5, 2024 | Business, Shipping & Transportation
By Reuters LONDON- Asian spot liquefied natural gas (LNG) prices rose this week to their highest level in over seven months as high temperatures in Japan and South Korea boosted power demand and amid heightened geopolitical risks due to tensions in the Middle East....
by admin | Aug 5, 2024 | Business, Shipping & Transportation
By Reuters HOUSTON- Oil prices fell on Friday, settling at their lowest since January after data showed the US economy added fewer jobs than expected last month, and weak Chinese economic data added more pressure. Brent crude futures settled down $2.71, or 3.41...
by admin | Aug 5, 2024 | Business, Shipping & Transportation
By Reuters LONDON- Copper prices edged higher on Friday, supported by growing expectations of US interest rate cuts and slightly firmer physical demand in China, though investors remained cautious amid lacklustre economic data. Three-month copper on the London Metal...
by admin | Aug 5, 2024 | Business, Shipping & Transportation
By Reuters SINGAPORE- Dalian iron ore futures prices climbed on Friday but were on track for a weekly loss as traders assessed the consequences of a wave of production cuts across Chinese steelmakers amid the top consumer’s faltering steel market. The most-traded...
by admin | Aug 5, 2024 | Business, Shipping & Transportation
By Reuters CHICAGO- Chicago Board of Trade grain and soybean futures turned higher on Friday as market participants and fund traders scrambled to cover their hefty short positions on signs of the US economy weakening, market analysts said. But corn and soybean prices...