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Oil Imports Exempted from Trump’s Sweeping Tariffs

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

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

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

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

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

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

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

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

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

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

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

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"...

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