Gold, oil, natural gas and metals coverage focused on supply, demand, prices and the macro forces driving them.
As the U.S. sits on the cusp of another presidential election, the dollar has been surging, enjoying its strongest performance in two years. This rally is being driven…
Kamala Harris’s campaign, along with Democratic officials, is closely monitoring the potential financial and market consequences surrounding the 2020 U.S. presidential election, particularly in light of a possible…
Exxon Mobil Corp. and Chevron Corp. both exceeded analysts’ estimates for profit, oil output, and sales in their recent financial reports, bolstered by rising production in the Permian…
Shell Brasil has announced the initiation of production at the Mero-3 FPSO (Floating Production Storage and Offloading) facility in the Mero field, located within the pre-salt region of…
Halliburton has officially introduced SandTrap® XL, a significant addition to their sand consolidation solutions. This latest innovation aims to address challenges facing the oil and gas industry, namely,…
Petrofac, a leading provider in oilfield services, has sealed a multi-million-dollar contract with Bapco Upstream, an upstream operating subsidiary of the Bahrain Petroleum Company. Under this two-year agreement,…
Chevron has recently exceeded earnings expectations, reporting strong financial performance despite a flat stock performance throughout the year. This contrasts with the broader S&P 500 energy sector, which…
Exxon Mobil Corp. has reached an agreement to divest the majority of its assets in Argentina’s Vaca Muerta shale formation, one of the largest unconventional oil and gas…
Enovate AI recently made headlines by signing a strategic partnership with SGS, focusing on enhancing drilling operations in the oil and gas sector through the application of artificial…
Linde Engineering has recently entered into an agreement with NEXTCHEM to supply advanced carbon capture technology for ADNOC’s (Abu Dhabi National Oil Company) Hail and Ghasha project. The…
Panoro Energy has successfully finalized production sharing contracts (PSCs) with the government of Gabon, following the provisional award of a 25% stake in two shallow water offshore exploration…
Guyana’s oil production took a notable hit during the third quarter of 2023, with output dropping by 11%. This decline can be attributed to Exxon Mobil Corp.’s decision…
.A The United Kingdom government has opted not to introduce stricter tax regulations on North Sea oil and gas producers beyond what was already announced, easing concerns that…
ROGII has announced its strategic acquisition of the TLog Mudlog Editor software from TerraSLS, a move that is set to increase the company’s influence in the oil and…
ADNOC Drilling, a prominent player in the oil and gas sector, recently announced impressive financial results for the third quarter of 2024. The company’s revenue surged, largely attributable…
U.S. Steel Corporation, a major player in the American steel industry, reported its financial results for the third quarter after the market closed on Thursday. Investors were encouraged…
British oil giant Shell reported its third-quarter results on Thursday, recording a $6 billion profit that slightly surpassed market expectations. Despite a year-on-year dip in profits, triggered by…
Maersk’s Chief Executive Officer, Vincent Clerc, has issued a cautionary note about rising trade tensions following the upcoming U.S. elections. According to Clerc, the growing disparity between export…
UK gilt yields experienced an uptick as investors reacted to the latest borrowing plans laid out in the British government’s recent Budget presentation. Gilt yields, which move inversely…
China is undergoing a fundamental shift in its demographic landscape as plummeting birth rates and an aging population create new opportunities and challenges for businesses across multiple sectors.…
Natural gas first made its mark in the U.S. energy sector as a cleaner alternative to coal. Initially, it gained attention for its lower emissions profile compared to…
Two days ago, benchmark crude oil futures dropped sharply, posting their largest single-day margin decline in more than two years. The market reaction was triggered by Israel’s retaliatory…
As Halloween approaches, there are several financial trends haunting investors. Spooky volatility across both the stock market and the crypto space is causing sleepless nights for many. One…
Investors are increasingly gravitating towards gold-backed exchange-traded funds (ETFs), driving demand for the precious metal to record highs. This surge in interest comes despite central banks, historically one…
Gold prices continued to make waves in the market as they eye a potential rise to $2,800, fueled by recent economic data that showed the U.S. economy grew…
Investors are increasingly flocking to gold-backed exchange-traded funds (ETFs) as shifting central bank policies raise concerns about the future demand for the precious metal. The surge in gold…
BP has reported its weakest quarterly profit since the onset of the COVID-19 pandemic, a significant drop largely attributed to weaker oil prices. With oil prices facing downward…
Leading cryptocurrencies experienced steady gains over the weekend as global geopolitical tensions flared between Israel and Iran. The price of Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) all…
Oil prices experienced a sharp decline of over 4% on Monday, marking a notable shift in market sentiment related to escalating geopolitical tensions. The drop followed an unexpected…
Oil prices took a noticeable dip as markets opened amidst easing geopolitical tensions after Israel’s airstrikes in Iran consciously avoided key energy infrastructures. The initial threat of widespread…
