Oil prices steady amid rising geopolitical tensions

Oil prices were little changed on Monday ahead of an upcoming OPEC+ meeting and following 6 per cent gains last week and as geopolitical tensions remained high, reports Reuters.Brent crude futures were down 0.23 per cent, or 17 cents, to $75.00 a barrel by 1314 GMT, while US West Texas...

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Wheat falls on supply pressure

SINGAPORE/HAMBURG, Nov 25 (Reuters): Chicago wheat fell on Monday as ample supplies pressured prices, with worry receding that intensified conflict between Russia and Ukraine could threaten Black Sea export shipments.Soybeans rose on buying interest after hitting contract lows last week. Corn fell on spillover weakness from wheat and favourable South...

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Gold sheds 1pc on profit taking

Gold prices declined 1 per cent on Monday as investors booked profits following a five-session rally to a three-week high, while the announcement of fund manager Scott Bessent as the new US Treasury Secretary tempered safe-haven buying, reports Reuters.Spot gold was down 1 per cent at $2,686.73 per ounce as...

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