Oil prices ease, but China policy stance checks losses
LONDON, Dec 10 (Reuters): Oil prices slipped on Tuesday as concerns eased about the fallout from the overthrow of Syria's president, despite support from China's plan to ramp up policy stimulus - a potential boost to demand from the world's biggest crude buyer.Brent crude futures fell 39 cents, or 0.5...
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Corn holds near its June high, soybean futures rise slightly
CANBERRA/PARIS, Dec 10 (Reuters): Chicago corn futures held near their highest levels since June on Tuesday as the market awaited estimates from the US Department of Agriculture (USDA) later in the day that are expected to show a decline in US stockpiles.Soybean futures rose slightly, but were pressured by expectations...
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Gold hits 2-week peak on Fed rate cut optimism
Gold prices climbed to a two-week high on Tuesday, helped by rising tensions in the Middle East and expectations of a U.S. rate cut this month, with key US inflation data later this week in focus, reports Reuters.Spot gold climbed 0.7 per cent to $2,678.21 per ounce, as of 1226...
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Global airlines could ‘miss sustainable fuel targets’
GENEVA, Dec 10 (Reuters): The aviation industry is not moving fast enough to reach its targets for producing and using sustainable aviation fuel (SAF), the head of airline trade body IATA Willie Walsh said on Tuesday, as it aims for net zero emissions by 2050."We're not making as much progress...
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Palm closes down more than 3.0pc
JAKARTA, Dec 10 (Reuters): Malaysian palm oil futures closed lower on Tuesday after data from the industry regulator showed adrop in Malaysian stockpiles, production and exports.The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange lost 165 ringgit, or 3.22 per cent,to 4,955 ringgit ($1,119.52) a...
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