Oil prices rose on Monday, recovering from steep losses in the prior session as markets bet on a demand recovery fueled by China’s economic reopening, while the Biden administration’s pledge to begin refilling its strategic reserve also brightened the outlook for prices
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Oil rises on Chinese demand hopes, U.S. SPR replenishment
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Gold prices moved little on Monday as markets digested a flurry of hawkish central bank signals and growing recession risks, while hopes of a Chinese economic reopening helped copper prices recover a measure of recent losses
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Gold prices muted, copper rises on China reopening hopes
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CRUDEOIL rises on Chinese demand hopes, U.S. SPR replenishment.
CRUDEOIL prices rose on Monday, recovering from steep losses in the prior session as markets bet on a demand recovery fueled by China’s economic reopening, while the Biden administration’s pledge to begin refilling its strategic reserve also brightened the outlook for prices.
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Gold prices muted copper rises on china reopening hopes
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Silver adds to the previous day’s heavy losses and remains under some selling pressure for the second successive day on Friday.
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