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Oil In Sharp Decline: OPEC+ Supply Increase, U.S. Duties And Economic Slowdown Weigh.
The oil market recorded its worst monthly performance in more than a month in the first week of May 2025, due to a combination of negative factors: growing fears of oversupply, weak global demand, and macroeconomic pressures related to rising U.S. duties. Brent crude...
LME Closure Notice – May 5, 2025
The London Metal Exchange (LME) will be closed on Monday, May 5, 2025, in observance of the Early May Bank Holiday, a public holiday in the United Kingdom. During this day: All LME markets, including spot, futures, and official pricing sessions, will remain closed....
LME Festive Closure for Easter Celebrations
Notice is hereby given that the London Metal Exchange (LME) will be closed from today, Friday, April 18, until Monday, April 21 for the Easter holiday. Trading in industrial metals will resume as normal on Tuesday, April 22, 2025. No official prices will be published...
European Union on Hold: Temporary Stop to Countermeasures Against US Duties on Steel and Aluminium
The European Commission (EC) has decided to temporarily suspend the introduction of trade countermeasures against the United States, planned in response to Washington's tariffs on steel and aluminium. The decision comes in the aftermath of President Donald Trump's...