Global oil prices rebounded sharply on Monday, with crude oil leading gains across commodity markets as investors reacted to escalating geopolitical risks and shifting demand expectations. West Texas Intermediate (WTI) crude oil futures climbed more than 2 percent to trade above 58 dollars per barrel, recovering from losses recorded in the previous session. Brent crude…
LUSAKA, Zambia Global commodity markets today showed a mix of gains and modest declines, offering both opportunities and challenges for developing economies. Copper and coal led the gains, while precious metals and some industrial commodities edged lower. Copper climbed 2.11% to $5.29 per pound, a positive sign for major copper-exporting countries such as Zambia and…
Crude oil futures edged higher toward $59 per barrel on Wednesday, recovering some losses from the previous session, as global markets reacted to geopolitical developments and ongoing disruptions in energy supply. The price movements follow US Russia diplomatic talks, which President Vladimir Putin described as “very useful” but did not produce a resolution to the…
Lusaka – International metal markets showed mixed performance on Wednesday, with gold and copper seeing divergent trends while silver continued to gain. For Zambia, a country heavily reliant on mining, these fluctuations carry direct implications for revenue, export earnings, and investment in the sector. Gold Holds Strong but Dips Slightly Gold prices edged lower by…
Lusaka – International commodity markets showed a mixed performance on Wednesday, with energy prices largely edging down, a trend that holds both relief and new challenges for Zambia’s economy. As a country heavily dependent on fuel imports and mineral exports, Zambia remains sensitive to volatility in global energy and industrial commodity markets. Oil Prices Continue…
