Slowing global jet fuel consumption adds to oil demand concern

NEW YORK, Aug 17 (Reuters): Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead.Global oil demand has struggled to meet expectations in the first half of the year due to...

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Gold rallies to record high on softer dollar

Gold prices soared to an all-time high on Friday as the dollar weakened on growing expectations for an interest-rate cut from the Federal Reserve in September, and as tensions in the Middle East bolstered demand for bullion, reports Reuters. Spot gold was up 1.7 per cent to $2,498.72 per ounce...

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China to impose export controls on strategic minerals on Sept 15

BEIJING, Aug 17 (Reuters): China will impose export limits on antimony and related elements in the name of national security, its commerce ministry said on Thursday, Beijing's latest move to restrict shipments of critical minerals in which it is the dominant supplier.China accounted last year for 48 per cent of...

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