Tag: Oil
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Inflation Fears Resurface as Commodities Spike, Thwarting Central Bank Easing Hopes
Global financial markets are bracing for potential upheaval as geopolitical strains drive gold to new record while oil prices surge. This surge, alongside the rally in metals like Copper, ignites concerns over an inflation comeback. Such inflationary pressures, combined with a revival in manufacturing and service sectors, could deter major central banks from implementing significant ... -
Global economic recovery, blistering commodities rally … threatening to derail the Fed
Dow Jones / Market Watch have a summary piece up that takes a broad look at the factors that are going to prevent a Fed rate cut any time soon: global economic recovery is fueling a blistering commodities rally in 2024 – threatening to derail the Federal Reserve’s efforts to curb inflation and potentially clouding ... -
Energy Risk Commodity Rankings 2024: markets buffeted by geopolitics and economic woes
Winners of the 2024 Commodity Rankings steeled clients to navigate competing forces Click here to view tables The geopolitical tensions and economic woes of 2023 highlighted the critical role of commodity derivatives markets in managing risk at times of stress. While commodity markets in 2023 were generally calmer than 2022 when Russia’s invasion of Ukraine ... -
Investment opportunities in Saudi stock market on the rise, says analyst
RIYADH: Carbon markets are set to play a pivotal role in achieving climate goals, with efforts from Saudi Arabia and the UAE, paving the way for a smooth energy transition. According to a new report from the International Energy Forum, carbon markets are capable of effectively lowering the costs associated with greenhouse gas removal by ... -
Gold Soars, Oil & Other Commodities Rise; Here’s How To Profit
In this market, all that glitters is gold! Not to mention crude oil, copper, and other commodities. What’s driving the powerful run in resources, including a breakout to all-time highs for bullion? How will central bank and currency moves impact these markets? Which companies stand to profit the most? Find out from these MoneyShow expert ... -
Russia Calls Oil-Producing Countries To Ditch US Dollar Currency
The currency wars have intensified as Russia is reeling under the economic sanctions pressed by the White House. The Russian local currency Ruble is depreciating against the US dollar dipping to 91.45 on Tuesday. The flow of foreign funds into Russia has dried up and the country is now looking at various options to lift ... -
Crude oil down despite tight supply outlook
Crude oil futures traded lower on Tuesday morning despite tight supply outlook by major oil producers such as Iraq, Saudi Arabia and Russia. However, a Reuters report noted that Russia will increase its oil exports in March. At 9.52 am on Tuesday, May Brent oil futures were at $86.73, down by 0.18 per cent, and ... -
Why Is Putin Urging the Middle East to Stop Using US Dollar?
Vladimir Putin, President of Russia, is back in the headlines. In a recent statement given by the Russian chief, Putin has been urging the Middle East to stop using the US dollar. The statement has come in light of the Middle East using American dollars to conduct their oil proceedings. Putin’s stark remarks have urged ... -
Inflation Update: Silver and Precious Metals On Watch
Not the first time I have given readers this list of leading indicators to watch for a potential rise in inflation: Silver, especially if it can begin to outperform gold Oil, if spikes over $80 a barrel Sugar, if even with increased production begins to move up back over 23 cents a pound The dollar ... -
Saudi Arabia to open investment office in Brazil
RIYADH: The total number of employees in Saudi Arabia’s private sector reached 11.1 million in February, up 0.9 percent from the previous month, according to newly released figures. The Saudi National Labor Observatory report revealed that out of the total, 2.3 million were Saudi nationals while 8.8 million were residents of the Kingdom belonging ...