Russia sees global oil market balancing in June-July: RIA cites source

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Russia sees global oil market balancing in June-July: RIA cites source

MOSCOW (Reuters) – Russia’s energy ministry sees global oil demand and supply balancing in the next two months, the RIA news agency said on Monday, citing an unnamed source familiar with the minister’s speech at a state council on energy.
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GBP/USD Struggles to Gain Downside Momentum After Failure at Key Resistance

GBP/USD gained early last week but sellers dominated a critical resistance area and the exchange rate pared some gains in the second half of the week. There were important developments last week, and the reaction in the exchange rate points to …
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Tesco begins selling white eggs for the first time in 40 years following increased demand during lockdown

White eggs are making a comeback at Tesco after more than 40 years to help keep up with consumer demand during the coronavirus lockdown. The reintroduction of the eggs follows a successful trial by the UK supermarket, which has reported a 30 per cent …
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PRECIOUS-Gold prices dip on profit-taking in thin trade

… * SPDR Gold Trust holdings rose 0.4% on Friday * Speculators raise gold bullish positions in week to May 19 -CFTC * China’s net gold imports via Hong Kong fall 176% in April * For an interactive graphic tracking the global coronavirus spread, open …
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Hundreds Test Positive for Coronavirus at BRF Meatpacking Plant in Brazil

SAO PAULO — Hundreds of meatpacking workers at a single BRF SA plant in southern Brazil have tested positive for the novel coronavirus, the company said on Monday, amid global concerns about the pandemic disrupting food supplies. Brazilian …
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