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Day: October 2, 2024

US Crude Oil Inventories Rise Last Week

The US Energy Information Administration announced Wednesday that crude oil inventories in the United States rose as fuel demand fell last week.

The administration, which is the statistical arm of the US Department of Energy, said in a statement that…

China Files Complaint at WTO over Canada’s Tariff Hikes

China has filed a complaint at the World Trade Organization (WTO) over Canada’s practices concerning the imposition of high tariffs on electric vehicles manufactured in China, as well as on steel and aluminum.

Spokesperson for the Chinese Ministry of…

Gold Prices Fall After Dollar Rise

Gold prices eased on Wednesday as the dollar held firm, while investors looked for more US economic data for further cues on upcoming rate cuts by the Federal Reserve.

Spot gold was down 0.5 percent at USD 2,649.17 per ounce.

US gold futures eased 0…

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