OPEC’s Media Blockade, Market Threats: All to Show Who’s Boss
It’s what authoritarian regimes do when they want to black out information or silence news that’s inconvenient. And this week,…
Oil prices rise after U.S. debt deal, all eyes on OPEC meeting
(Reuters) – Oil prices rose on Friday after a U.S. debt ceiling deal averted a default in the world’s biggest…
Gold edges lower, copper slides on disappointing Chinese data
Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while…
Carrots and sticks: Venezuela’s new oil chief targets graft, courts workers
(Reuters) – The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil company while…
Oil falls on weak China data, stronger U.S. dollar
(Reuters) – Oil prices fell on Wednesday on a stronger U.S. dollar and as weak data from top oil importer…
Economic fears to cap oil prices below $90 through 2023: Reuters poll
(Reuters) – Oil prices will creep up from current levels as major producer group OPEC+ maintains restrictions on supplies, but…
Gold at over 2-mth low amid debt deal cheer, hawkish Fed outlook
Gold prices fell slightly on Tuesday, sticking to more than two-month lows amid optimism over a debt ceiling deal and…
Oil falls 2% on US debt deal struggles, OPEC+ talks uncertainty
(Reuters) – Oil fell by nearly 2% on Tuesday as concerns about the U.S. debt ceiling pact cooled the market’s…
Gold Shows No Reaction to Debt Ceiling Deal, Prices Float Near $1,945
The yellow metal was in theory supposed to act as a safe haven closely tracking the debt limit talk. What…
Oil slips as economic jitters offset U.S. debt deal
(Reuters) – Oil prices slipped on Monday as economic worries over further interest rate hikes trumped a tentative debt ceiling…