Gold Could Recoup Losses in the Longer Term
Gold prices dipped 0.5% on Wednesday to finish at $1,454 amid another record close on Wall Street and a stronger dollar. Traders cheered solid economic data out...
Italy’s UniCredit to exit thermal coal financing by 2023
Italian bank UniCredit has pledged to halt all lending for thermal coal projects by 2023, joining a growing band of financial companies striving to improve their green credentials....
OPEC, OPEC+ will extend deal to cut oil output: PAJ head Tsukioka
Petroleum Association of Japan President Takashi Tsukioka said on Thursday that OPEC and other producers are likely to agree to extend an existing deal to cut oil output by...
Oil prices extend losses on supply, trade war fears
Oil prices slipped for a third day on Wednesday as a surge in U.S. stockpiles reinforced concerns about lackluster global economic growth, while hopes ebbed for any movement...
Oil slips to $62 as trade talks drag on
Oil fell for a second day on Tuesday, dropping to around $62 a barrel on limited progress towards resolving the U.S.-China trade dispute, higher-than-expected Norwegian oil output and...
Oil rises further above $62 as trade hopes support
Oil rose further above $62 a barrel on Tuesday, supported by hopes that U.S. President Donald Trump may signal progress on trade talks with China and lower inventories...
Iran says finds new oilfield with 53 billion barrels of crude
Iran has discovered a new oilfield in the southwest of the country that has the potential to boost its reserves by about a third, President Hassan Rouhani said on...
Congo disputes Canadian miner Banro’s suspension of operations
Democratic Republic of Congo has declared “null and void” Canadian gold miner Banro Corporation’s suspension of operations at several of its sites in the central African country.
Venezeula’s PDVSA debt to Russia’s Rosneft shrinks to $0.8 billion
Russia’s largest oil producer Rosneft said on Wednesday that Venezuelan state-owned oil company PDVSA had cut its outstanding debt to the company to $800 million by the end of...
Rain, early snows delay U.S. harvest in latest blow to farmers
Excessive rains and an October snowstorm have stalled the harvest in the U.S. grain belt’s northern tier, one more blow to farmers already struggling with the effects of...
