Commodity Roundup: Oil Holds Steady, Speculators Shift Focus to Cocoa

Monday, 4 March 2024, 11:05
Oil prices remain stable with OPEC+ extending supply cuts while speculators decrease bullish bets on cocoa. Metals market sees positive trading, especially with gold gaining support from rate cut expectations. The commodities sector continues to show resilience amidst market uncertainties, highlighting the impact of global economic factors on trading decisions.
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Commodity Roundup: Oil Holds Steady, Speculators Shift Focus to Cocoa

Commodity Roundup

Oil prices hold steady as OPEC+ extends supply cuts. Metals trade in green with gold supported by rate cut expectations.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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