Oil jumps on expected hit to China and India's Russian supplies

LONDON, Jan 13 (Reuters): Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest in more than four months, driven by wider US sanctions on Russian oil and the expected effects on exports to top buyers India and China.Brent crude...

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Turkey and Brazil top buyers of Russian diesel, LSEG data shows

MOSCOW, Jan 13 (Reuters): Turkey and Brazil remained the main importers of Russian seaborne diesel and gasoil last year amid the European Union's ban on imports of Russian refined products, data from market sources and LSEG showed.Before the full EU embargo came into effect in February 2023, Europe was Russia's...

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Gold down as US jobs data curbs rate cut expectations

Gold prices eased on Monday as strong US jobs data reinforced the Federal Reserve's cautious stance on interest rate cuts and boosted the dollar, though underlying safe-haven demand amid uncertainty around President-elect Donald Trump's policies curbed losses, reports Reuters.Spot gold was down 0.5 per cent to $2,677.13 per ounce as...

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