commodity prices

Copper extends retreat
Markets

Copper extends retreat

LONDON: Copper prices eroded further on Friday as some investors took profits and others worried about threats by ...
Published 22 May, 2021 04:05am
Australian, NZ shares higher
Markets

Australian, NZ shares higher

SYDNEY: Australian shares closed higher for a third straight session on Tuesday, led by gains in heavyweight mining...
Published 19 May, 2021 06:00am
World Bank expects commodity prices to stay firm on economic growth
Markets

World Bank expects commodity prices to stay firm on economic growth

  • Energy prices are expected to average more than one-third higher this year than 2020, with oil averaging $56 a barrel, it said. Prices should rise to $60 a barrel in 2022, "broadly in line with their 2017-19 average."
  • "Emerging market and developing economies, both commodity exporters and importers, should strengthen their short-term resilience and prepare for the possibility of growth losing momentum."
Published 20 Apr, 2021 07:57pm