Tag: price
Oil Imports Exempted from Trump’s Sweeping Tariffs
Jennifer -
WASHINGTON — The U.S. oil industry received a significant relief on Wednesday as imports of oil, gas, and refined products were exempted from President...
Brent Crude Price Tests Key Resistance at $73.60 – Market Forecast for March 31, 2025
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Brent crude oil prices have shown upward movement in recent intraday trading as they attempt to break through the critical resistance level at $73.60....
US Crude Oil Price Faces Key Support at $68.90 – Market Forecast for March 31, 2025
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US crude oil prices have been trading sideways in recent intraday sessions as the market seeks a bottom to build momentum for a potential...
Silver Price Seeks Support at $34.00 – Market Forecast for March 31, 2025
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Silver prices saw a decline in the latest intraday trading as the metal searches for a bottom that could provide the necessary momentum for...
Gold Price Faces Resistance at $3090 – Market Forecast for March 31, 2025
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Gold prices experienced a slight pullback after failing to sustain early gains, ending the session with a modest decline. The price faced resistance at...
Gold Surges Past US$3,100 as US Tariffs and Uncertainty Propel Safe-Haven Flows
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Gold prices soared to new heights on Monday, crossing the US$3,100 mark for the first time, as geopolitical uncertainties and U.S. President Donald Trump's...
Brookings Paper Suggests Central Banks Should Backstop Hedge Funds Engaged in Basis Trade
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A new research paper to be presented at the Brookings Papers on Economic Activity (BPEA) conference on March 28 proposes that central banks, particularly...
GBP/USD Price Continues Downward Correction – Forecast for March 27, 2025
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The GBP/USD exchange rate dipped further in the latest intraday trading on March 27, 2025, maintaining its downward correctional trend. The pair is currently...
EUR/USD Price Continues to Decline Amid Downward Correction – Forecast for March 27, 2025
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The EUR/USD exchange rate extended its losses in intraday trading on March 27, 2025, as the market continues to be dominated by a downward...
Gold Price Sticks to Negative Bias, Poised for Third Straight Week of Gains
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Gold prices continue to face some pressure as the US Dollar (USD) strengthens slightly, prompting traders to take profits. Despite this, the precious metal...
The Commodities Feed: Sanctions Push Oil Higher
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Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
Markets React as Powell Dismisses Recession Fears, USD Slips
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Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...