Oil edges up ahead of US-Russia talks
LONDON, Aug 11 (Reuters): Oil prices edged higher on Monday, after falling more than 4 per cent last week, as investors looked ahead to talks this week between the US and Russia over the war in Ukraine.Brent crude futures were up 37 cents, or 0.6 per cent, at $66.96 a...
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Malaysia's palm oil stocks rise to highest in nearly two years
KUALA LUMPUR, Aug 11 (Reuters): Malaysia's palm oil stocks rose for a fifth consecutive month in July to their highest level in almost two years as production growth outpaced exports, data from the industry regulator showed on Monday.The rise in inventory in the world's second-biggest producer of the tropical oil...
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Gold prices decline ---
Gold prices fell on Monday as investors awaited White House clarification regarding potential US tariffs on imported gold bars as well as a US inflation report that could provide an indication of the Federal Reserve's rate outlook, reports Reuters.US gold futures for December delivery fell 2.3 per cent to $3,410.50...
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Copper hits over 1-week high on softer dollar
Copper futures climbed on Monday to hit their highest in more than a week, aided by a softer dollar and China demand hopes, even though supply concerns eased after Codelco got the nod to restart operations at the El Teniente mine in Chile, reports Reuters.The most-traded copper contract on the...
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