Oil Prices Plummet on Fears of a Federal Reserve Rate Hike
On Tuesday, oil prices plunged after soft economic data fueled speculations that the Federal Reserve may raise interest rates in June. The US West Texas Intermediate (WTI) crude futures for
On Tuesday, oil prices plunged after soft economic data fueled speculations that the Federal Reserve may raise interest rates in June. The US West Texas Intermediate (WTI) crude futures for
On Monday, sugar prices rose amid concerns that excessive dryness in Brazil will reduce its production. Sugar contacts prices for July delivery increased by 3.51% to $19.76 a pound in
On Monday, Chicago wheat futures dropped but still held on its nearly four-month high due to weather concerns in Russia, Europe, and the US. US wheat contracts for July delivery
On Thursday, oil prices jumped as geopolitical fears mounted after Israel hit Rafah, dwarfing the impact of poor US Gross Domestic Product (GDP) growth. The US West Texas Intermediate (WTI)
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