Codelco, Saudi in talks on copper investment, 2025 output seen up
By Pesha Magid RIYADH (Reuters) – Chile’s Codelco, the world’s largest copper producer, is in talks with Saudi Arabia over potential joint investments in the metal, the company’s chairman told…
Bank of America flags dollar longs as crowded, eyes global inflation concerns
Bank of America (BofA) analysts highlighted a shift in market sentiment, identifying long U.S. dollar positions as the most crowded trade, and now a significant headwind for the currency. This…
European natural gas prices see slight increase in early trade
Investing.com — The benchmark Dutch TTF contract for European natural-gas saw a minor rise of 0.2% in early trade, with prices settling at 46.36 euros per megawatt-hour. This rise comes…
Oil set for fourth week of gains as investors assess US sanctions impact
By Yuka Obayashi, Siyi Liu and Enes Tunagur LONDON (Reuters) -Oil prices edged up on Friday, heading for a fourth consecutive week of gains, as the latest U.S. sanctions on…
Dollar set for losing week; sterling falls further after retail sales
Investing.com – The US dollar edged higher Friday, but was on course for a weekly loss after core inflation eased, while sterling retreated following the release of weak retail sales…
Oil climbs, set for fourth week of gains as US sanctions hit supply
By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) – Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy…
UK retail sales shrink unexpectedly in December, adding to glum data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction in the…
UK retail sales fall unexpectedly in December, adding to downbeat data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to official data on Friday that added to a run of downbeat economic indicators…
Analysis-China’s vast refining sector faces shakeout as fuel demand peaks
By Chen Aizhu SINGAPORE, (Reuters) – Up to 10% of China’s oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes…
UK retail sales fall by 0.3% in December
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