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Oil and coffee prices rally
Oil prices rose last week on uncertainty over energy supplies passing through Ukraine to the West, while coffee futures rebounded on tight supplies following drought conditions in Brazil.
Copper shoots up on Chile quake; Libya hits oil
Copper bounced last week on supply fears after a vast earthquake in top producer Chile, while Brent oil dived on the prospect of rebounding Libyan crude supplies, analysts said.
Oil rises on upbeat data as gold loses shine on Ukraine
Crude oil prices rallied last week on upbeat economic data in top consumer the United States and concerns over supply disruptions in Libya and Nigeria, dealers said.
Gold climbs to 4-month high on safe haven status
Gold advanced to a more than four-month high in London as concern of a conflict between Russia and Ukraine boosted demand for a haven. Silver climbed.
Oil holds around $110 on les output
Libyan oil output plunged further over the weekend, falling to 230,000 barrels per day (bpd) on Sunday after a new protest shut the El Sharara field.
Gold hits near 4-month high on macro woes
Weak US manufacturing data on Friday and a slowdown in the rise in home prices in China for the first time in 14 months in January, raised fresh concerns over the health of the world’s biggest economies, drawing investors towards gold, often seen as an insurance in times of troubles.
Oil and gold prices hit multi-month highs on demand rise
Oil and gold prices hit multi-month peaks last week on improved demand prospects in the world’s two biggest economies, the United States and China, and owing to a weaker dollar.
Gulf will still be the world’s key oil provider in 2040
The report also acknowledges the increases in production capacity in non-Opec countries like the United States, Brazil or Canada.
Gold up 1.6% on weak dollar and US output data
Bullion snapped five weeks of advances last week, falling 2 per cent, but posted a 3.2 per cent gain in January for the first monthly increase in five, owing to weakness in global equities gripped by concerns over emerging economies.
India gold import curbs review in March on deficit control
India can review gold import curbs by the end of March if Asia’s third-largest economy controls the current-account deficit, said Finance Minister Palaniappan Chidambaram.
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