Tag: oil market optimism
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LME base metals prices slip d-o-d; markets await US tariff announcement
US, EU seal 15% tariff deal Oil gains on trade optimism Base metals prices on the London Metal Exchange (LME) saw a slight downtrend d-o-d, with nickel decreasing by 0.69% to $15,465/tonne (t). Meanwhile, inventories at LME-registered warehouses registered positive movements d-o-d, with lead recording the highest gain of 2.35%. Indian market overview In India’s…