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Tag: Futures

Oil prices drop to 3-month low on U.S. banking turmoil, inflation worries

wangxiao03/15/20230

Oil derricks operate in Three Rivers, Texas, the United States on Feb. 24, 2022. (Photo by Nick Wagner/Xinhua)The oil weakness came as traders were worried that U.S. regional banks\’ problems may have

Tariffs not the answer; both China and US should take a step back: CME legend Leo Melamed

wangxiao03/09/20230

Leo Melamed is a Holocaust survivor and is known as the father of financial futures. He became Chairman of the Chicago Mercantile Exchange (CME) in 1969. Under his leadership, the CME created the Int

Oil prices rise amid China demand hopes

wangxiao03/01/20230

NEW YORK, Feb. 28 (Xinhua) — Oil prices climbed on Tuesday as traders bet on rising demand from China.The West Texas Intermediate for April delivery gained 1.37 U.S. dollars, or 1.81 percent, to sett

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