FE Today Logo
Search date: 28-11-2024 Return to current date: Click here

Oil holds steady, focus on Israel-Hezbollah ceasefire

Oil prices held steady on Wednesday as markets evaluated a ceasefire deal between Israel and Hezbollah while also anticipating Sunday's OPEC+ meeting, where the group could delay a planned increase in oil output, reports Reuters.Brent crude futures rose 33 cents, or 0.45 per cent, to $73.49 a barrel by 1300...

Read more

Wheat eases as better supply outlook weighs

PARIS/SINGAPORE, Nov 27 (Reuters): Chicago wheat futures edged lower on Wednesday as a technical bounce from the previous session petered out in the face of improving crop prospects in major production zones worldwide.Corn and soybeans ticked up as the markets assessed the possible impact of U.S. President-elect Donald Trump's threat...

Read more

Gold prices rebound as dollar eases

Gold prices rebounded on Wednesday from a more than one-week low, supported by a softer dollar, even as easing geopolitical tensions, which would typically dampen gold's safe-haven appeal, failed to curb its momentum, reports Reuters.Spot gold jumped 0.7 per cent to $2,651.27 per ounce, as of 09:13 a.m. ET (1413...

Read more