Oil prices dropped on Tuesday to their lowest point in five weeks, driven by a wave of algorithmic selling. The U.S. benchmark WTI has now dipped as much as 1.6% to a level that is dangerously close to $77 per barrel. The decline follows the surpassing of key...
Iron ore prices fell to a ten-month low in April 2024. The drop was attributed to a warning from the China Iron and Steel Association about delayed steel demand recovery. Chinese steel mills were advised to take proactive measures to balance supply and demand in the...
