OPEC Members Consider Change of Course As Meeting Nears
Ahead of its ministerial meeting next week, members of the Organization of Petroleum Exporting Countries OPEC, are reportedly considering a change of course. Members are...
Gold Price Assessment: XAU/USD Stays Under Strain, Hitting New Weekly Lows Below $1780
Gold plummeted much lower, reaching a new two-week low of $1778. Following the publication of US economic statistics, including the Core PCE, the exchange rate...
Gold Prices Are Falling As Investors Turn Their Attention To Monetary Authority Fiscal Policies
Gold prices fell on Thursday morning in Asia, but a weaker USD and falling bond rates in the United States, which have fallen from a...
Oil Is Nearing A Six-Week Slump As China Prepares To Announce Its Oil Reserve Data
Crude oil prices fell to six-week low points on Thursday before regaining some footing as China announced it was preparing to tap reserves. The announcement...
North American Venture Growth Dwindles As LNG Costs Rise
While the appetite for LNG has never recorded such heights, producers in North-America are approaching the end of 2021 without possessing authorization for a single...
World Bank Warns That Increasing Power Prices Pose A ‘Significant’ Danger Of Inflation
Electricity prices are expected to gradually rise in 2022 after spiking by more than 80% in 2021. According to the World Bank's new Commodity Markets...
Surging Oil Prices as Economy Recovers From COVID
On Monday morning, oil prices reached an all time high amid the global economy's recovery from the COVID pandemic. This high is supported by the...
Oil Prices Fall As The US Considers Selling Strategic Reserves
Despite reports that the United States is looking to offload oil out of its strategic reserves, oil prices dropped further on Thursday as Russia asserted...
Gold Falls As Greenback Appreciates, US Treasury Yields Increase
Gold prices fell in the early hours of Wednesday morning in Asia, as the Greenback rallied and the yield on 10-year Treasury notes increased. The...
Crude Oil Prospects: Near-Term Caution Likely To Dominate
On Friday, investors reduced their open interest stakes in crude oil futures exchanges for the second run in a row, this time by approximately 1.8K...