Oil slips below $80 as Fed rate worries cloud market outlook
West Texas Intermediate fell as much as 2.2%.
Source: moneycontrol.com
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Oil drops back below $80 despite supply cuts
Global demand and interest rates are in focus as WTI falls more than 2%.
Source: investmentnews.com
Battery metals lose lustre as surge in supply outpaces demand
Battery metals prices were soaring last year, with automakers fretting about long-term shortages. A year on, the market dynamics for metals crucial to the energy transition have flipped.
Source: thewest.com.au
Battery Metals Lose Luster as Surge in Supply Outpaces Demand
(Bloomberg) -- In the fast-moving world of battery metals, 2022 already feels like a bygone era. Back then, prices were soaring, automakers were fretting about long-term shortages and Elon Musk was describing lithium costs as “insane.”Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesI
Source: yahoo.com
'Fatigue' Hits Gold Price as Crude Oil 'Loses Risk Premium'
The gold price slipped on Monday as better risk sentiment following 'the end' of US Fed interest-rate rises buoyed global stock markets despite the Gaza conflict while crude oil rallied
Source: bullionvault.com