In a surprising turn of events, Shell has announced a significant weakening in its gas trading business during the second quarter, citing geopolitical uncertainties as the primary factor. The FTSE
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The price of oil has climbed sharply following America’s implementation of broader sanctions on Russian supplies, reaching its highest level in three months. The Biden administration’s latest sanctions, targeting major
The world’s largest café chain, Starbucks, has dramatically reduced its hedging against coffee price fluctuations amid soaring bean prices, potentially exposing itself to significant market volatility. The company’s fixed-price contracts
Goldman Sachs, the prestigious Wall Street investment bank, has forecast gold prices could reach an unprecedented $3,000 per ounce by December 2025, citing increased central bank demand and anticipated US
