International costs for crude had been pushed to new multi-month highs because the current bounce by the US greenback appeared to lose its steam, rising the attraction of commodities priced within the forex. ...
After seven months of consecutive progress, meals costs lastly reached a three-year peak for the entire pandemic 12 months, in line with the UN meals safety company, the Meals and Agriculture Group (FAO). ...
Australian greenback strengthens on surging iron ore costs & dollar weak spot
Posted On Monday, December 14, 2020 By Russian Opinion. Under Economy Tags: Australian, Dollar, greenback, iron, prices, strengthens, surging, Weakness
The Australian forex continued to realize on the US greenback on Monday, hitting AUD 1.32 in opposition to the dollar and reaching the very best stage since 2018. ...
Russia is making ready a decree authorizing an introduction of a grain export quota and wheat export tax, in line with the chairman of the Russian Union of Grain Exporters, Eduard Zernin. ...
The restoration in pork provide has pushed shopper costs in China decrease for the primary time since 2009, in keeping with new information from the nation’s statistics company. ...
Members of the Group of Petroleum Exporting Nations (OPEC) and their allies led by Russia, often known as OPEC+, might additional maintain again oil provides amid considerations over demand. ...
Crude costs continued to climb larger on Wednesday following the information of probably efficient Covid-19 vaccines developed in Russia and the US. Brent crude soared above $ 45 a barrel, marking a 15 p.c enhance from final week. ...
Pork costs in China dropped by 2.eight % in October in comparison with a yr in the past, the Nationwide Bureau of Statistics stated on Tuesday. It’s the primary lower since February 2019 – greater than a year-and-a-half in the past. ...
Norwegians obtained paid to make use of electrical energy as costs fall under zero
Posted On Wednesday, November 4, 2020 By Russian Opinion. Under Economy Tags: below, electricity, Fall, Norwegians, paid, prices, Zero
Electrical energy costs in elements of Norway fell under zero for the second time in historical past, and residents in southern Norway ‘obtained paid’ for utilizing electrical energy as energy producers should pay to promote electrical energy when costs are detrimental. ...
International crude costs continued their slide on Monday, after Brent mix had its steepest decline final week since April. Issues are rising that new lockdowns might hit the worldwide demand for gas. ...