Oil Prices Fall as Demand Declines, Barclays Cuts Forecast
On Monday, oil prices declined as demand slowed, leading Barclays to trim its Brent petroleum price estimate for next year. The US West Texas Intermediate (WTI) crude oil December futures
On Monday, oil prices declined as demand slowed, leading Barclays to trim its Brent petroleum price estimate for next year. The US West Texas Intermediate (WTI) crude oil December futures
On Thursday, gold prices rebounded after Federal Reserve Chair Jerome Powell emphasized the need for monetary tightening to combat inflation. Gold futures for December delivery rose by 0.30% to $1,963.65
On Wednesday, coffee surged as unpredictable weather patterns caused by El Niño led to reduced harvest yields and dwindling inventories. US coffee C futures for December delivery closed 2.77% higher
On Tuesday, sugar prices fell following a 12-year high, dragged down by the unexpected sharp decline in crude oil. US sugar #11 futures for March delivery lowered by -1.47% to
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews