Tag: crude oil forecast
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Base metals prices, stocks on LME show negative trends
Factory activity in Europe, Asia, US weakens in CY’24 Canadian factory PMI touches 22-month high in Dec Base metals prices on the London Metal Exchange (LME) showed negative trends, with zinc recording the highest drop of 2.76% d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed outflows, except for nickel stocks, which increased by 1.21% d-o-d. COMEX…