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Commodities
Oil Prices Anticipated to Remain High Until 2024 Due to Saudi-Led Production Cuts
© Reuters
Persistently high oil prices are expected to prevail until 2024, primarily driven by production cutbacks led by Saudi Arabia. This forecast comes as the oil…
Jpmorgan Forecasts Energy ‘Supercycle’, Brent Crude to Hit $150 by 2026
© Reuters.
In a recent analysis, JPMorgan expressed bullish sentiments on the global energy sector, predicting an upcoming 'supercycle' propelled by low capital expenditure…
Nuclear-hydrogen ‘marriage’ has potential, US energy loans chief says
© Reuters. FILE PHOTO: A flock of goats gather under a set of power lines above Diablo Canyon nuclear power plant at Avila Beach, California. A flock of goats gather under a set…
EU mulls how to make enlarged bloc work, to offer cash, market access to candidates
© Reuters. FILE PHOTO: European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo
By Jan…
Oil prices rise amid global demand, Canadian energy sector undervalued: Morgan Stanley
© Reuters
The Canadian energy sector is currently trading at a significant discount to long-term average valuations, according to Stu Morrow, chief investment strategist…
Australia says exports of hay to China will resume
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© Reuters. Printed Chinese and Australian flags are seen in this illustration, July 21, 2022. REUTERS/Dado Ruvic/Illustration/File photo
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CANBERRA (Reuters) - The…
Gold prices show minor increase amid mild USD weakness
© Reuters.
Gold prices experienced a slight rise in the early hours of Thursday's Asian trading session due to a mild weakening of the U.S. dollar, according to an analysis…
Qantas pilots plan 24-hour walkout in possible blow to energy firms
© Reuters. FILE PHOTO: FILE PHOTO: A ground worker walking near a Qantas plane is seen from the international terminal at Sydney Airport, as countries react to the new…
US Strategic Petroleum Reserve dips to 40-year low, Goldman Sachs analyst warns
The United States' Strategic Petroleum Reserve (SPR) has dropped to its lowest level in four decades, according to Goldman Sachs analyst Daan Struyven. As of Thursday, the…
China’s strong metal imports not as bullish as they seem: Andy Home
© Reuters. A worker miniature is displayed with the flag of China in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration/File photo
By Andy…