Silver and gold shine amidst geopolitical disruptions and rate-hike uncertainty
In a week marked by geopolitical disruptions and speculation around the Federal Reserve’s rate-hike policy, both silver (XAG/USD) and gold…
e-CNY pilot expands to 26 locations, eyes cross-border transactions
China’s central bank digital currency (CBDC), known as e-CNY, has expanded its pilot to 26 locations, a move that has…
Israeli army to confront resilient foe in anticipated Gaza invasion
(Reuters) – An Israeli invasion of Gaza will face an enemy that has built a formidable armoury with Iran’s help,…
US imposes first sanctions under Russian price cap on tanker owners
(Reuters) -The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil priced above the G7’s…
NY rejects Orsted, Equinor, BP requests to charge more for offshore wind
(Reuters) – New York regulators on Thursday denied requests by European energy firms Orsted (CSE:ORSTED), Equinor, BP (NYSE:BP) and other…
Gold retreats from 2-week high as dollar snaps 3-day loss
Gold bulls have been reminded again that it’s hard to put the dollar down for too long. Despite a clear…
Oil rises as US sanctions, stockpile forecasts raise supply worries
(Reuters) – Oil prices were up on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising…
Oil down over 3% in 2 days, shredding ‘war premium’ as Saudis assure supply
Saudi Arabia is truly “balancing” the oil market by preparing to ship full volumes required by its North Asian customers,…
Gold hits 2-week high, within striking range of $1,900 as dollar slides
Oil prices might not be getting the risk premium many thought from the Middle East’s latest conflagtration but gold seems…
Oil falls further on US stock build, easing supply concerns
(Reuters) – Oil prices fell for a third day on Thursday, dragged down by a larger-than-expected crude and gasoline stockbuild…