Category: Gold and Commodities

Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 29)

November 29, 2022
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for January delivery rose 96 cents to $78.20 a barrel Tuesday. Brent crude for January delivery fell 16 cents to $83.03 a barrel. Wholesale gasoline for December delivery was unchanged at $2.33 a gallon. December heating oil rose 8 cents to $3.30 a gallon. January natural gas rose 4 cents to…

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Biden Interior Proposal Targets Methane Flaring on Public Lands

November 29, 2022
Business & MarketscongressDemocratseconomic policieseconomyenergyEnvironmentExecutive BranchflaringGold and CommoditiesInteriorleakMarketsmethanePolicies & ImpactsPoliticsRepublicansScienceUSUS News
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The Bureau of Land Management (BLM) on Nov. 28 proposed a new methane venting and flaring rule for federal and tribal lands, drawing opposition from Republicans who say last year’s infrastructure law would let the Biden administration reduce the waste of natural gas by other means. BLM, which falls under the U.S. Department of the…

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Why Is Platinum Cheaper Than Gold?

November 29, 2022
Business & MarketsgoldGold and CommoditiesMarketsplatinumSpecial EditionsSponsored Content
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Owning precious metals like gold and silver is a prudent solution when you want to get the most out of your long-term investments. However, more people are looking toward platinum products as an alternative way to enhance their portfolios. Unlike fiat currency, platinum shows resilience during an economic downturn. Why is this precious metal so attractive to…

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Qatar to Supply Liquefied Natural Gas to Germany From 2026

November 29, 2022
Business & Marketseconomic policieseconomyenergyEuropeGasGermanyGold and CommoditiesLNGMarketsMiddle EastQatarsupplyWorld
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DOHA, Qatar—Qatar is to supply liquefied natural gas to Germany under a 15-year deal signed Tuesday as the European economic powerhouse scrambles to replace Russian gas supplies that have been cut during the ongoing war in Ukraine. Officials gave no dollar value for the deal, which would begin in 2026. Under the agreement, Qatar would…

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Oil Jumps on Hopes for Easing of China’s COVID-19 Controls

November 29, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil prices jumped by 3 percent on Tuesday on hopes for a relaxation of China’s strict COVID-19 controls after rare protests in Chinese cities over the weekend. Brent crude futures gained $2.50, or 3 percent, to $85.69 a barrel at 1119 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.98, or 2.6 percent, to…

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Stocks and Oil Rise on Hopes of Looser COVID-19 Curbs in China

November 29, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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LONDON/SYDNEY—Stocks and oil gained on Tuesday on hopes that public unrest in China might prompt an earlier loosening of COVID-19 curbs in the world’s biggest economy, with the yuan up and the dollar down as investor appetite for riskier assets grew. The Euro STOXX 600 gained 0.4 percent, recovering from its worst session in almost…

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Ukrainians Expect More Russian Attacks on Grid, Seek Funding for New Equipment

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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At a Nov. 28 event hosted by an influential Washington think tank, Ukrainians described Russian strikes on their energy infrastructure and detailed the resources they say they need to recover, on the heels of billions in U.S. and other aid to the Eastern European country. “He [Vladimir Putin] is sure that this winter is a…

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Ukrainians Say Expecting More Russian Attacks on Energy Grid

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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At a Nov. 28 event hosted by an influential Washington think tank, Ukrainians described Russian strikes on their energy infrastructure and detailed the resources they say they need to recover, on the heels of billions in U.S. and other aid to the Eastern European country. “He [Vladimir Putin] is sure that this winter is a…

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Ukrainians Expecting More Russian Attacks on Energy Grid

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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At a Nov. 28 event hosted by an influential Washington think tank, Ukrainians described Russian strikes on their energy infrastructure and detailed the resources they say they need to recover, on the heels of billions in U.S. and other aid to the Eastern European country. “He [Vladimir Putin] is sure that this winter is a…

Read More

Ukrainians Expect More Russian Attacks on Energy Grid

November 29, 2022
Atlantic CouncilBusiness & MarketscongresseconomyenergyEuropeGold and CommoditiesInternationalMarketsNational SecurityPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
0 Comment

Ukrainian officials described Russian strikes on the nation’s energy infrastructure and detailed the resources they say are needed to recover, on the heels of billions in U.S. and other aid to the Eastern European country, during a Nov. 28 event hosted by an influential Washington-based think tank. “He [Vladimir Putin] is sure that this winter is…

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