Ground Breakers: Why the big banks think 2023's hot iron ore market will chill
Ground Breakers: Why the big banks think 2023’s hot iron ore market will chill
Stay updated with breaking news from Daniel Hynes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ground Breakers: Why the big banks think 2023’s hot iron ore market will chill
Oil prices fell on Friday, but were poised for a weekly gain as renewed optimism on China's demand recovery over-rode recession worries brought by growing crude inventories in the U.S.
LONDON: Oil prices held steady on Friday, poised to register a weekly gain as renewed optimism on China’s demand recovery overrode recession worries over growing US crude inventories and tightening monetary policy in Europe. Brent crude futures edged up by 4 cents, or 0.05 percent, to $84.79 a barrel by 0936 GMT. US West Texas Intermediate crude futures were up 2 cents, or
The Fortescue Metals Group Limited (ASX: FMG) share price closed higher today amid news coming out of China. Here’s why.
Expectations of tighter global supplies, rising demand from China cushioned overall price weakness.