Oil hits highest since mid-2015 amid Iran tensions, tighter mkt
SINGAPORE, Jan 4 (Reuters): Oil prices on Thursday hit their highest in more than two and a half years, touching levels not seen since before a slump in commodity markets in 2014/15, boosted by tensions in key producer Iran and by ongoing OPEC-led output cuts.Prices were also buoyed by Asia's...
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Ryanair flies record passengers despite flight cancellations
DUBLIN, Jan 4 (AFP): Ryanair flew a record-high 129 million passengers last year, the Irish no-frills airline said Wednesday, despite cancelling thousands of flights because of a pilots shortage.Ryanair increased by 10 per cent the number of passengers flown mainly across Europe compared with 2016, the Dublin-based carrier said in...
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Gold down on profit-taking
BENGALURU, Jan 4 (Reuters): Gold prices fell on Thursday after hitting a 3-1/2-month high the session before, pulled down as investors took profits and as the US dollar firmed. Spot gold was down 0.3 per cent at $1,308.82 an ounce at 0712 GMT. US gold futures dropped 0.6 per cent...
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Asian coal prices strike late 2016 high
SINGAPORE, Jan 4 (Reuters): Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fueled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports.Spot cargo prices for Australian Newcastle coal have risen nearly 15 per cent from...
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