Gold prices race to near 7-mth high on dovish Fed speak
Gold prices rose in Asian trade on Wednesday, reaching a near seven-month high as a string of dovish signals from…
Oil slightly higher as OPEC+ awaited, Black Sea storm disrupts supply
(Reuters) – Oil edged higher on Wednesday as investors turned cautious ahead of a crucial OPEC+ meeting to decide output…
OPEC+ moving closer to compromise with African producers, sources say
(Reuters) – OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, four OPEC+ sources…
Oil markets grapple with OPEC discord and production quota delays
The energy sector is facing heightened uncertainty as disagreements among OPEC members over production quotas have led to a postponed…
EBRD boosts Naftogaz with €200 million loan for gas reserves
The European Bank for Reconstruction and Development (EBRD) has signed a deal to provide Ukrainian state energy company Naftogaz with…
Oil slips 1% on growing angst over delayed OPEC+ meeting
(Reuters) – Oil prices dipped about 1% on Thursday, extending losses after postponement of an OPEC+ meeting stoked expectations that…
Exclusive-Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny
(Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S.…
Gold prices rally on Comex amid softer dollar and Fed outlook
The precious metals market saw a mix of trends today, with spot gold prices in India decreasing, while futures showed…
Oil prices steady in pre-Thanksgiving trade ahead of OPEC+ cuts
(Reuters) – Oil prices stayed within a narrow range on Wednesday in quiet pre-U.S. Thanksgiving holiday trading, as the market…
Ukraine’s coal mines turn to women to solve wartime staff shortages
(Reuters) – After more than a thousand of its workers went to fight Russia’s invasion, a coal mining enterprise in…