Energy
BP profits more than double as Iran war sends oil prices soaring - The Guardian
BP profits more than double as Iran war sends oil prices soaring - The Guardian
Denarius Prime
Markets
Deutsche Bank says gold’s 'explosive' run isn't over and gives a bullish end-of-year forecast - CNBC
Deutsche Bank says gold’s 'explosive' run isn't over and gives a bullish end-of-year forecast - CNBC
Crypto
Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge
The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.
Energy
Venezuela’s Oil Exports Fall Even as U.S. Shipments Hit Seven-Year High
Venezuela exported 1.16 million barrels of crude oil daily last month, a slight decline from June’s 1.2 million barrels daily, on lower withdrawals from storage, Reuters has reported, noting that exports to the United States during that month increased. July exports to Venezuela’s biggest oil destin
Macro
Exclusive: Peter Schiff says the Fed 'never should have stopped hiking' - thestreet.com
Exclusive: Peter Schiff says the Fed 'never should have stopped hiking' - thestreet.com
Markets
Chinese Dip-Buying Bolsters Gold as Prices Find Floor at $4,000 - Bloomberg.com
Chinese Dip-Buying Bolsters Gold as Prices Find Floor at $4,000 - Bloomberg.com
Macro
Michael Pettis on China's overinvestment paradox, and the Japan-style reckoning still to come - Top1000funds.com
Michael Pettis on China's overinvestment paradox, and the Japan-style reckoning still to come - Top1000funds.com
Geopolitics
Goldman Sachs Clear Position: This Is the Largest Capital Demand Cycle in Human History – The Federal Reserve Is Merely a Spectator - 36 Kr
Goldman Sachs Clear Position: This Is the Largest Capital Demand Cycle in Human History – The Federal Reserve Is Merely a Spectator - 36 Kr
Markets
Russia expands shadow LNG fleet to beat EU crackdown
Growing number of ships will help Moscow continue exporting liquefied natural gas when sanctions tighten next year
Geopolitics
China launches sovereign debt futures for foreign investors via Hong Kong - Macau Business
China launches sovereign debt futures for foreign investors via Hong Kong - Macau Business
Macro
South Korean stablecoin outflows exceed $367M in June as 18-month capital flight deepens - Crypto Briefing
South Korean stablecoin outflows exceed $367M in June as 18-month capital flight deepens - Crypto Briefing
Energy
Big Oil Warns Global Fuel Stocks Are Running Dangerously Low
The world is running short on fuels—the warning was first issued by some analysts who were watching the physical market rather than futures charts. Now, Big Oil is joining the chorus of warnings, with Shell, Exxon and Chevron all saying that prices at the pump are set to stay higher, regardless of w