Commodities

Saudi Crown Prince Hosts Iran Foreign Minister in Riyadh, According to Saudi Agency – Reuters

Cairo – Saudi Crown Prince Mohammed bin Salman and Iranian Foreign Minister Abbas Araqchi held a meeting in Riyadh on…

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The Bad News Isn’t Bad Enough for the Fed to Take Further Action

By Barani Krishnan The economic news seems to be growing more concerning with each passing day. However, for those who…

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Gold Investment Demand Expected to Increase

Citi analysts have developed a new framework to understand and predict gold prices, intending to stimulate investment in this asset…

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Siemens Files Lawsuit in Texas Against Citgo Petroleum Parent, According to Reuters

By Marianna Parraga HOUSTON (Reuters) – Siemens Energy Inc has initiated a legal action in a Texas court against Citgo…

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Gold’s Rally is Not Over Yet, According to UBS

UBS analysts maintain a positive outlook on gold, asserting that the rally in this precious metal is far from over.…

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EU Summit Unlikely to Resolve Russia Oil Embargo, Says von der Leyen

DAVOS, Switzerland (Reuters) – European Union leaders are not expected to reach an agreement on an oil embargo against Russia…

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Russian Firms Increase Zinc Production to Meet Government Demand, Sources Report

By Polina Devitt and Pratima Desai LONDON (Reuters) – In response to increasing state demand and a desire to lessen…

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Saudi Foreign Minister Doesn’t Anticipate Immediate Global Oil Shortage, Reports Reuters

Article Rewrite: In Davos, Switzerland, Saudi Arabia’s Foreign Minister, Prince Faisal bin Farhan Al Saud, stated on Tuesday that the…

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Oil Prices Steady as Diminished Hurricane Concerns Offset Significant Drawdown

Oil prices stabilized on Wednesday, retracting some earlier gains while remaining near two-month highs, following industry reports indicating a significant…

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Geopolitical Risk Premium in Oil Market Dips Slightly, According to Goldman Sachs

Goopolitical risk premium indicators in the oil market have shown a slight decrease this week, following substantial increases in Brent…

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