Iron Ore Prices Cool from Summer Highs

After a surge in the summer, iron ore prices have since fallen and stabilized as supply increases.

Petrol prices slightly drop after recent hike

The retail prices of petrol were reduced as from 3pm on October 16, following a hike earlier this month.

Putin’s Big Dollar Dump Cost Russia $8 Billion in One Year

The first year of President Vladimir Putin’s experiment in diversifying away from the U.S. dollar cost Russia about $7.7 billion in potential returns.

U.S. oil and gas jobs fall as drilling declines: Kemp

U.S. oil and gas employment has started to fall as the sector contracts in response to lower prices over the last year – and further job losses are likely in the next few months as the rate of well drilling declines further.

Rio Tinto quarterly iron ore shipments rise 5% on China demand

Global miner Rio Tinto said on Wednesday its third-quarter iron ore shipments rose 5%, helped by higher demand from Chinese steelmakers.

Oil prices edge higher as OPEC hints at deeper output cuts

Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible.

Asia benzene remains under pressure as demand wanes

Asia’s benzene market remained under downward pressure this week, with sentiment still dampened by elevated trade tensions in the absence of a concrete outcome from the recently concluded US-China trade talks.
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