Energy & precious metals – weekly review and outlook
If Friday’s market was any indication, oil gains could be reversed almost as quickly as they are made on news…
Oil Prices May Surge Due to Middle East Conflict, Warns Allianz Trade
Ana Boata of Allianz (ETR:ALVG) Trade warned in an interview on Bloomberg TV on Friday of a potential surge in…
Gold prices at 3-mth high on Middle East tensions, mixed Fed cues
Gold prices rose to a three-month high on Friday amid persistent safe haven demand on concerns over the Israel-Hamas war,…
US broadly eases Venezuela oil sanctions after election deal
(Reuters) – The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached…
Oil falls as Israel embargo concerns fade, Venezuela sanctions to ease
(Reuters) – Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no signs of supporting…
Global Oil Giants Compete for Guyana’s Crude Marketing Contract
On Wednesday, 25 global oil giants, including ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX), HESS, CNOOC (NYSE:CEO), Saudi Aramco (TADAWUL:2222), and Aramco Trading…
Gold prices rally to near 1-mth high as Middle East tensions worsen
Gold prices rose sharply on Wednesday, nearing a one-month high as a potential escalation in the Israel-Hamas war drove up…
Oil spikes as hospital blast amplifies Middle East tensions
(Reuters) – Oil prices surged nearly 2% on Wednesday as tension escalated in the Middle East after hundreds were killed…
Gold prices extend losses before U.S. data dump, more Fed cues
Gold prices fell further on Tuesday, extending declines from the prior session as markets hunkered down before several upcoming cues…
Crude oil slips lower; underlying tone positive on Middle East tensions
Oil prices slipped lower Monday, consolidating after recent hefty gains as the conflict in the Middle East continued to raise…