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Commodities
Oil Price Surge Manageable for US Economy, Says Goldman Sachs
© Reuters
The recent surge in oil prices, which has seen an increase of 30% since late June, is a "manageable headwind" for the US economy and consumers, according to…
High oil prices are “manageable” – Goldman Sachs
© Reuters.
The Federal Reserve's decision to keep interest rates at their highest in 22 years, announced last week, has led to significant reactions in the market, including…
Government shutdown risks food benefits for 7 million, Biden aide warns
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© Reuters. U.S. Department of Agriculture Secretary Tom Vilsack speaks about a possible government shutdown during a press briefing at the White House in Washington, U.S.,…
Analysis-Oil price rally set to falter as demand doubts loom
© Reuters. FILE PHOTO: Gasoline prices are displayed at an Exxon gas station behind American flag in Edgewater, New Jersey, U.S., June 14, 2022. REUTERS/Mike Segar/File Photo…
US to provide up to $522 million for Ukraine’s energy system
© Reuters. FILE PHOTO: Ukrainian President Volodymyr Zelenskiy is embraced by U.S. President Joe Biden in the Oval Office of the White House in Washington, September 21, 2023.…
Gold prices hold steady amid Federal Reserve’s interest rate warning and global economic concerns
© Reuters.
Gold prices remained mostly steady on Monday, despite the potential for a further drop due to warnings from the Federal Reserve about prolonged higher interest…
Brent oil prices could reach $150 per barrel, says JPMorgan
© Reuters.
In a recent forecast, JPMorgan has predicted a potential surge in prices to $150 per barrel. This prediction was made on Monday, as the financial institution…
Gold prices edge lower as hawkish Fed fears persist
© Reuters
Investing.com-- Gold prices fell slightly on Monday, seeing continued weakness after the Federal Reserve warned that interest rates will remain higher for longer,…
US grid-scale energy storage installations hit new quarterly record – report
© Reuters.
(Reuters) - The U.S. grid-scale energy storage installations hit a new record in the second quarter of 2023, a report by Wood Mackenzie and the American Clean…
Oil climbs with tight supply back in focus
© Reuters. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. REUTERS/Stringer
By Florence Tan…