04:33 PM @ 20/11/2023
Oil futures edged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle East supply disruption amid the Israel-Hamas conflict.SEE MORE04:27 PM @ 20/11/2023
The dollar extended a decline, while US equity futures were steady after a three-week stock rally fueled by speculation the Federal Reserve is nearing the end of its rate-hike cycle.SEE MORE03:56 PM @ 20/11/2023
The Biden administration is allocating up to $3.5 billion from the federal 2021 infrastructure law to ramp up domestic production of advanced batteries and battery materials, the US Energy Department said Nov. 15.SEE MORE03:24 PM @ 20/11/2023
Seaborne iron ore prices picked up momentum to break through the $130/dmt CFR China mark on Nov. 14 for the first time since March.SEE MORE11:14 AM @ 20/11/2023
Global demand for polyvinyl chloride (PVC) is “starting to improve” but the market’s overcapacities may take years to be absorbed, an executive at Brazilian producer Unipar said this week.SEE MORE
