Saudi Arabia has raised oil prices for Asian customers, which are its primary market. May supplies from state oil company Aramco will increase between 20 and 50 cents a barrel.
The Organization of Petroleum Exporting Countries and its allies held a meeting yesterday. They debated what the supply of crude will be in the next two months. The organization members
Positive economic signs and Beijing’s efforts to help consumption supported Chinese steel rebar and coil futures rise today. Stainless steel futures on the Shanghai bourse dropped by 1.8% to 14,285
The spot gold price dropped in the trading session on Tuesday, falling 1.6% to the edge of $1.685 per ounce. The yellow metal’s prices were depressed by the US dollar