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 […]
Category: Uncategorized
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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 […]
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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 […]
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Calendar: July 3 – July 7
Monday July 3 China 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) […]
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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)
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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 […]