Last December, wholesale retailer Costco announced that they had sold over $100 million worth of gold in Q3 2023. "You've probably…
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.38% decline in…
Russian Foreign Minister Sergei Lavrov recently wrapped up a trip to Beijing where he met with his Chinese counterpart, Wang Yi, for talks on a series of "hot…
The Shell share price hit another all-time high this week as the company continued its positive run. The
Back in February, crude tankers and product carrier company International Seaways (NYSE:INSW) predicted that tanker freight will remain healthy in the short and long term going forward, thanks to oil supply growth…
Crude oil prices moved lower today after the Energy Information Administration reported an estimated inventory build of 5.8 million barrels for the week to April 5. The authority also…
Russia’s flagship crude grade, Urals, is currently being exported at a price of around $75 per barrel, per Argus Media data cited by Bloomberg—a price that’s $15 a barrel…
OPEC+ once again extended its oil production cuts this month. The decision was anything but unexpected and, unlike previous production policy announcements, it had the desired effect on prices. However,…
Given its huge oil and gas reserves, strategically critical location in the heart of the Middle East, and its initial welcoming of the U.S. after the fall of President Saddam…
Latin America boasts abundant geothermal energy resources, offering a promising avenue for clean energy production, decarbonization of industrial processes and bolstering energy security. Despite these favorable conditions, only…
The European Union is inching closer to a historic decision on using profits from Russian assets frozen by the bloc to help Ukraine. The Russian central bank's assets…
The scaling back of the megacity project is attributed to budget constraints, with the Public Investment Fund's cash reserves dropping to $15bn in September 2023.Saudi Arabia has scaled…
Via Metal Miner Liberty Steel recently announced a restructuring plan for its operations in the United Kingdom after signing a new framework agreement…
The European Union and United States are incentivizing Armenia to maintain its westward geopolitical shift. The growing EU-US role in supporting the country’s reform efforts is drawing a…
Big Oil is trumping the Magnificent Seven on the stock market this year in an oil stocks rally that few had expected a few months ago. Energy stocks have…
The chief economist at commodity trading giant Trafigura has warned the copper market could tighten further as a result of artificial intelligence. Speaking at the Financial…
Morgan Stanley sees heightened geopolitical risk pushing Brent Crude oil prices to $94 per barrel in the third quarter as the bank lifted its price forecast by $4 a barrel…
As bullish sentiment continues to build and Brent settles comfortably above the $90 mark, oil prices look set to continue to climb this week.
Historically, different market sectors and investments have responded differently as the economy moves from one stage of the business cycle to the next. Understanding how various financial assets have historically…
Brazilian oil and gas company Enauta may soon change the face of Latin American fossil fuels by establishing an independent oil and gas company with 3R Petroleum Óleo e Gás.…