Saudi giant Aramco’s chief executive has attributed the ongoing depression of oil prices to recessionary fears and economic headwinds, painting a more optimistic landscape for demand to come. “This is […]
Author: Consultant
Saudi energy minister says latest Riyadh-Moscow oil cuts showed unity with Russia
On Monday, Saudi Arabia said it would extend the 1-million-barrel-per-day production cut it had initially flagged for July into August. Unlike alliance-wide OPEC+ policy decisions, voluntary production declines do not […]
Gold listless as investors wait for Fed’s June meeting minutes
Gold prices were flat on Tuesday in thin trading due to a U.S. holiday, while traders awaited the U.S. Federal Reserve’s minutes of the June meeting on Wednesday for more clues on […]
Calendar: July 3 – July 7
Monday July 3China Caixin Manufacturing Purchasing Managers Index (PMI). Also, Japan, UK and euro area manufacturing data.(945 am) U.S. S&P Global Manufacturing PMI for June.(10 am ET) U.S. ISM Manufacturing […]
AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2023 RESULTS AND CONFERENCE CALL
AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2023 RESULTS AND CONFERENCE CALL (prnewswire.com)
Oil rallies on Saudi and Russian supply cuts for August
Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August, overshadowing concern over a global economic slowdown and the potential for further increases to […]