Oil edges higher on lower US crude stocks, cautious outlook
LONDON, July 20 (Reuters): Oil prices crept higher on Thursday as a lower-than-expected drop in US crude inventories and a weaker demand outlook kept investors cautious.September Brent futures climbed 24 cents, or 0.3 per cent, to $79.70 a barrel by 1255 GMT, while August US West Texas Intermediate (WTI) crude...
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Field visit on 'Feasibility study of IoT-based agriculture'
A field visit and a seminar on 'Feasibility study of the IoT-Based precision agriculture for sustainable crop production in Bangladesh' was held at BARI in Gazipur on Tuesday. The event was held as part of a project that investigates the feasibility of IoT- and AI-based agriculture implementation, says a press...
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Gold hits 2-month high as dollar struggles on Fed pause views
Gold prices advanced to their highest in about two months on Thursday, driven by US dollar's weakness and growing expectations that the Federal Reserve would conclude its aggressive rate-hiking cycle at its meeting next week, reports Reuters. Spot gold gained 0.2 per cent to $1,980.59 per ounce by 1058 GMT,...
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IEA sees rising electricity demand due to switch from fossil fuels
The International Energy Agency (IEA) expects global demand for electricity to increase by just under 2 per cent this year, it said in its latest electricity market report on Wednesday.The reasons are the continuing economic slowdown and the effects of the energy crisis in many industrialized countries, the Paris-based organisation...
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