LONDON, Apr 02 (Reuters): Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, and as the market became less worried that demand may slow.The United States is considering more sanctions...
Read moreLONDON, Apr 02 (AFP): British no-frills airline EasyJet on Monday said that uncertainty surrounding Brexit and the economic outlook is hitting demand for air travel.The announcement came in a trading update to coincide with the start of the group's second half."For the second half we are seeing softness in both...
Read moreBENGALURU, Apr 02 (Reuters): Gold prices steadied near their lowest in about four-weeks on Tuesday as robust economic data from the United States and China tempered concerns of a global slowdown, boosting the dollar and riskier assets.Spot gold was up 0.1 per cent at $1,288.53 per ounce at 1007 GMT,...
Read moreChina's manufacturing sector saw a surprise return to growth in March following government efforts to boost the economy, reports BBC.The Caixin/Markit survey, released on Monday, rose to 50.8 in March from 49.9 in February. A reading above 50 indicates expansion.Official manufacturing figures published a day earlier also pointed to a...
Read moreTOKYO, Apr 02 (Reuters): Global miner Glencore and Japan's Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for the year through March 2020, a source with direct knowledge of the matter said.The price, which serves as an industry benchmark for...
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