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The Commodities Feed: Speculators Dump Oil
Article By:
ING Economics
Monday, April 29, 2024 5:53 AM EDT
The oil market has started the trading week under pressure with geopolitical risks continuing to ease. However, fundamentals remain constructive, which should limit the downside. Copper prices broke above US$10kt for the first time since 2022.
Grains Report - Thursday, April 25
Article By:
Jack Scoville
Thursday, April 25, 2024 2:22 PM EDT
Soybeans and the products closed mixed yesterday with some selling from Brazil noted on the early rally attempt. Reports of great export demand in Brazil provide some support.