Big Oil Expects Record Profits but Keeps Spending in Check
Oil majors are expected to report profit jumps of 84% to 158% for the third quarter. Yet they are likely…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold Rebounds From Arc Support on 4h Chart, Targeting 4,227
Gold rebounded from the 1 (100%) Support Arc on the 4h chart after failing to break below it. Arc Cycle…
Oil edges higher as Russia-Ukraine talks and Middle East risks collide with a US crude draw
Oil prices were slightly higher on Wednesday as traders weighed possible Russia-Ukraine diplomacy against a lack of breakthroughs in Pakistani-Iranian…
Russian oil exports via Arctic Northern Sea Route rise nearly 50% as Asian demand reroutes
Russian oil exports through the Arctic Northern Sea Route have risen nearly 50% this year, reaching 20 million barrels. Disruptions…
Russian oil tax price runs 60% above budget assumptions in October
The rouble-denominated price of Russian oil used for tax calculations has averaged about 60% above the federal budget assumption so…
