BP has released what it calls its reset, with a renewed focus on oil and gas, reallocated capital and more cost cutting. All of this is aimed at driving shareholder returns in the long term. Unfortunately, this means reduced shareholder returns in the short term, which has triggered a small sell off in the stock […]
Gold prices fell in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 8,205.23 Indian Rupees (INR) per gram, down compared with the INR 8,238.38 it cost on Monday. The price for Gold decreased to INR 95,704.90 per tola from INR 96,090.80 per tola a day earlier. Unit measure
Silver attracts some buyers on Tuesday and snaps a two-day losing streak. Mixed technical indicators on the daily chart warrant some caution for bulls. Corrective slides could be seen as a buying opportunity and remain limited. Silver (XAG/USD) builds on the previous day’s modest bounce from the vicinity of the $32.00 mark, or a nearly
United States EIA Natural Gas Storage Change below forecasts (-188B) in February 14: Actual (-196B) Source link
The London gold market is facing a mounting structural crisis. Bullion banks that lend precious metals to producers and each other moved over 200 tonnes of gold to New York in January in response to US President Donald Trump’s tariff threats, leaving the London market desperately short of physical supplies. Dealers in London routinely borrow
West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $70.55 per barrel, down from Wednesday’s close at $71.16. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $74.29 after its previous daily close at $74.89. WTI Oil FAQs WTI Oil is a type of Crude
Silver price holds ground near its three-month high of $32.56, recorded on February 5. The upside of the Silver appears limited as the US Dollar gains ground amid rebounding US Treasury yields. Traders await US Nonfarm Payrolls to gain fresh impetus regarding the Fed’s monetary policy direction. Silver price (XAG/USD) remains in positive territory for
Gold price loses ground to around $2,690 in Monday’s early Asian session. The upbeat US job report and surging USD weigh on the Gold price. Trump’s policy uncertainty and geopolitical risks might cap the downside for the precious metal. Gold price (XAU/USD) trades with mild losses near $2,690 on the stronger US Dollar (USD) broadly
Gold prices fell in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 7,303.81 Indian Rupees (INR) per gram, down compared with the INR 7,313.69 it cost on Tuesday. The price for Gold decreased to INR 85,189.29 per tola from INR 85,305.47 per tola a day earlier. Unit measure
WTI price gains traction to near $74.15 in Wednesday’s Asian session. US crude oil inventories fell by 4.022 million barrels last week, according to the API. Oil traders brace for the FOMC Minutes on Wednesday ahead of the US December NFP report. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.15
