Oil up over 1pc but set to end week down on demand concerns

LONDON (Reuters): Oil prices rose 1 per cent on Friday on a softer dollar but were still set to end the week lower as weaker U.S. employment data raised concerns over the health of the world's largest oil consumer, and renewed ceasefire talks in Gaza eased worries about supply.Brent crude...

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Gold poised for weekly fall as Fed's Powell grabs limelight

Gold prices inched up on Friday but were set for a weekly decline, as the U.S. dollar and Treasury yields rebounded ahead of Federal Reserve Chair Jerome Powell's speech that could offer fresh insights on the central bank's interest rate cuts plans, reports Reuters.Spot gold rose 0.3 per cent to...

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Wheat steadies but heads for 3pc weekly loss amid plentiful supply

Chicago wheat futures edged higher on Friday but were near their lowest since 2020 and down nearly 3 per cent for the week as ample supply of cheap Black Sea grain pressured prices, reports Reuters.Corn and soybean futures also steadied after falling to near four-year lows on Thursday, with results...

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