August 8, 2023 Oil prices fall sharply after weak Chinese trade data Crude oil prices fell Tuesday after weak trade data from China pointed to a sluggish post-COVID rebound for the world’s largest oil importer. By 09:50 ET (13.50 GMT), the U.S. crude futures […]
August 7, 2023 Goldman Sachs’ Jeff Currie, who predicted commodities supercycle, to retire NEW YORK (Reuters) -Goldman Sachs’ global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity prices in the 2000s, is retiring, according to […]
August 7, 2023 Oil prices recoup some losses after earlier drop By Erwin Seba HOUSTON (Reuters) -Oil prices settled down 1% on Monday, after six straight weekly gains, as investors braced for weaker demand from China and the United States, the […]
August 6, 2023 Energy & precious metals – weekly review and outlook There are four more weeks to this year’s Labor Day – the timeline typically used to ascertain the peak for summer oil demand; typically, because oil demand itself is so […]
August 4, 2023 Oil rises for 6th straight week as global supplies tighten By Shariq Khan (Reuters) -Oil prices rose more than a dollar a barrel on Friday to record a sixth consecutive week of gains, after top producers Saudi Arabia and Russia […]