Hedge funds like oil
Hedge funds bought another 65 million barrels of petroleum futures and options in the week to March 19, taking total purchases over the last 10 weeks to 384 million barrels, […]
Hedge funds bought another 65 million barrels of petroleum futures and options in the week to March 19, taking total purchases over the last 10 weeks to 384 million barrels, […]
OPEC is attempting to buoy prices just as US production appears to be slowing. In March the EIA released its Short-Term Energy Outlook which forecasts that crude oil prices will […]
Almost 16 months ago, Norway’s Government Pension Fund (GPF), the country’s sovereign wealth fund, announced it would divest from its oil and gas holdings to mitigate against drops in oil […]
Nevada’s two largest gold producers have agreed to merge their local assets to create the world’s single-largest, precious metal mining operation. Barrick Gold Corp. and Newmont Mining Corp. will contribute […]
After amassing billions of dollars in oil and gas revenue, Norway’s sovereign wealth fund, the world’s largest, will drop oil and gas companies from its benchmark index and investment universe, […]
Gold has been a store of value for millennia, and even now, many investors see gold as the ultimate safe haven asset. Yet recently, another precious metal became more valuable […]
The fundamental strength of the US Dollar has caused a drop of gold prices below the long term support line. By the middle of Friday’s trading session on the hourly […]
Saudi Arabia’s Energy Minister Khalid al-Falih said on Wednesday that he was leaning toward an extension of the OPEC+ production cuts after June, although he noted that the producer group […]