Oil slips as Israel-Iran strikes spare key energy infrastructure
LONDON, June 16 (Reuters): Oil prices edged down on Monday, paring back Friday's 7.0 per cent surge, as renewed military strikes by Israel and Iran over the weekend left oil production and export facilities unaffected.Brent futures were down 93 cents, or around 1.3 per cent, to $73.30 a barrel by...
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Gold drifts lower with focus on Israel-Iran conflict
Gold prices slipped on Monday after hitting nearly an eight-week high, while the market focused on escalating Israel-Iran tensions and the Federal Reserve's policy meeting this week, reports Reuters.Spot gold was down 0.5 per cent to $3,416.48 an ounce by 8:57 am EDT (1257 GMT) after hitting its highest level...
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Saudi leasing firm AviLease orders 40 Airbus jets
PARIS, June 16 (Reuters): Saudi leasing company AviLease placed a firm order for 30 Airbus single-aisle jets and 10 A350 freighters in its first direct deal with the European planemaker, as Saudi Arabia's aviation ambitions kicked off the Paris Airshow on Monday.The three-year-old company, a unit of Saudi Arabia's Public...
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Malaysianpalm oil futures gain 4.3pc
JAKARTA, June 16 (Reuters): Malaysian palm oil futures closed higher for the third straight session on Monday, tracking gains in Chicago soyoil after the US proposed higher biofuels blending volumes, and elevated crude oil prices.The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 171...
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