Marketmind-Deep breaths as banks calm, but only a bit

Hyperventilating world markets have finally caught their breath as the U.S. bank shock of the past week appeared to calm somewhat and gyrating interest rates found a level. But volatility

Oil prices recover from 2023 lows on China optimism, weak dollar

Investing.com — Oil prices rose on Wednesday as a drop to three-month lows attracted some bargain buying, while optimism over Chinese demand, following strong economic data and a hike in

Oil rises on China demand hopes, fading bank crisis fears

LONDON (Reuters) -Oil rose almost 1% on Wednesday, after hitting a three-month low in the previous session, as Chinese economic data bolstered hopes for a demand recovery and concern in

China coal output up 5.8% in Jan-Feb as new capacity comes online

China, the world’s biggest coal miner and consumer, produced 734.23 million tonnes of the fuel during the January-February period, up from 686.6 million tonnes in the same period in 2022,

China Jan-Feb refinery output up 3.3% on fuel policy, demand recovery

Recovering domestic demand for gasoline and aviation fuel as more people traveled following the scrapping of COVID-19 controls also supported refinery production. Crude throughput in the January-February period reached 116.07

Gold prices retreat from recent highs amid rate hike uncertainty

Investing.com — Gold prices edged lower on Wednesday after falling from a six-week high in the prior session, as a mixed reading on U.S. inflation brewed some uncertainty over the