S Arabia may keep Feb Arab light crude to Asia near three-year high
SINGAPORE, Jan 2 (Reuters): Top oil exporter Saudi Arabia is expected to keep the February price for Arab Light crude steady, close to the highest in more than three years, while lowering prices for medium and heavy grades, a survey by Reuters showed on Tuesday.Robust spot crude demand and stronger...
Read more
Gold hits more than three-month high
BENGALURU, Jan 2 (Reuters): Gold began 2018 on a firm note on Tuesday after prices hit their highest in more than three months, supported by technical factors after breaking above $1,300 an ounce last week. Spot gold rose 0.2 per cent to $1,305.93 an ounce at 0251 GMT, having hit...
Read more
LME copper pushes up on strong China demand
SYDNEY, Jan 2 (Reuters): London copper was pushed higher on Tuesday on bets that demand in top consumer China will improve in 2018, keeping prices near four-year highs at the start of trading in the new year.China is the world's largest consumer of industrial metals and accounts for nearly half...
Read more
Bombardier wins EgyptAir order for 12 CS300 planes
MONTREAL, Jan 2 (AFP): Canadian aircraft manufacturer Bombardier has recently announced the sale of 12 C Series aircraft to EgyptAir in a deal worth $1.1 billion.The company said it signed a letter of intent last month for the sale of the 160-seat CS300 planes, with an option for another 12,...
Read more
