Oil rises 1pc after boost from US fuel demand

LONDON, Oct 31 (Reuters): Oil prices gained 1.0 per cent on Thursday after rallying the previous day on stronger than expected US fuel demand and reports that producer group OPEC+ could delay a planned output increase.Traders are also awaiting the outcome of the US presidential election on November 5 and...

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London cocoa hits two-week high

LONDON, Oct 31 (Reuters): London cocoa futures hit a two-week high on Thursday, boosted partly by financial problems in second-biggest grower Ghana, while raw sugar prices also climbed.COCOAMarch London cocoa was up 0.6 per cent at 5,416 pounds a metric ton by 1316 GMT after touching a two-week high of...

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Gold consolidates after climbing record peak

Gold retreated on Thursday as prices consolidated after hitting a record high, but safe-haven demand prompted by a knife-edge US presidential election kept the precious metal on track for its fourth straight monthly gain, reports Reuters.Spot gold was down 0.7 per cent at $2,766.59 per ounce by 9:35 a.m. ET...

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