Oil prices were on track for weekly gains, buoyed by diminishing prospects of a Russia-Ukraine peace deal and growing tensions between the U.S. and Venezuela... .
Gold prices rose on Friday after the release of the US inflation data, which ignited fresh hopes for an interest rate cut by the Federal Reserve next week ...Oil prices were also supported by escalating geopolitical tensions ... ....
fuel markets entered December with a mix of improving domestic supply, geopolitical uncertainty, and shifting macroeconomic expectations ... But alongside these geopolitical tensions, the broader supply landscape remains robust.
COP30 keeps Global South priorities alive amid geopolitical challenges. Experts ... "It is not a costless transition. It requires resources ... News / India News / COP30 keeps Global South priorities alive amid geopolitical challenges. Experts. See Less ....
“The loss of Venezuelan volumes would likely result in stronger crude oil prices in the Pacific Basin, with China and India dependent on the heavy supply,” Jorge Leon, head of geopolitical analysis at Rystad Energy, said in an emailed commentary.
However, this downward trend was notably bucked by cereal prices, which saw an increase driven by specific market dynamics and geopolitical factors ... US), ongoing geopolitical tensions in the Black Sea ...