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Libyan Export Decline and Fed Speculation Propel Oil Above 70 Dollars...
17 Sep, 2024 08:00
201 min read
Oil prices rose as Libyan exports slumped and expectations grew that the Federal Reserve would cut interest rates, boosting demand for crude. West Texas Intermediate (WTI) settled above $70 per barrel, while Brent closed near $73. Market focus remains on U.S. Gulf production disruptions and potential rate cuts, despite ongoing concerns about rising non-OPEC output and slowing demand in the U.S. and China....
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Storage
Aramco to increase stake in EIG’s MidOcean to 49%, invest in Peru LNG...
17 Sep, 2024 07:50
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Mining
Multotec demonstrated its flexibility and technical expertise at the Electra Mining Africa...
16 Sep, 2024 13:30
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Precious Metals
Lucara recovers sixth diamond larger than 1 000 ct at Karowe...
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122 min read
Precious Metals
Theta changes funding strategy for South Africa project...
16 Sep, 2024 11:48
209 min read
Generation
Prominent South African energy company files for liquidation...
16 Sep, 2024 11:00
211 min read