Markets
Fed will hold until at least September, gold likely stuck in neutral for 3-6 months – SIA’s Cieszynski - KITCO
Fed will hold until at least September, gold likely stuck in neutral for 3-6 months – SIA’s Cieszynski - KITCO
Latest
Energy
Why Did Trump Just Give Saudi Arabia the Fast Track to a Nuclear Weapon?
At the beginning of Donald Trump’s first term as U.S. President in 2017, a senior White House official commented off-the-record to OilPrice.com that: “We’re not going to put up with any more crap from the Saudis.” The comment had followed the end of the 2014-2016 Oil Price War that had seen the King
Macro
US Draft Simulations Advance as 7M More Barrels Come Offline and Canada’s New Hate Law Takes Effect
Today's Digest covers US draft simulations, Graham's Iran remarks, Abqaiq refinery attacks, Russia fuel crisis, Kazakhstan oil, Trump's Iran pause, Turkey's shift, glyphosate, anti-progesterone in water, resistant starch, and Canada's hate laws.
Crypto
Bitcoin drops as South Korean stocks tumble, Senate shelves crypto Clarity Act
BTC shed 2% as South Korea's Kospi plunged 11% and the U.S. Senate shelved the Clarity Act, leaving the market facing a pivotal Fed decision on Wednesday.
Markets
Ghana Earmarks $429 Million to Buy Gold, Shifting Fiscal Risks - Bloomberg.com
Ghana Earmarks $429 Million to Buy Gold, Shifting Fiscal Risks - Bloomberg.com
Markets
Gold forecasts fall, but central bank buying expected to cushion retreat - Reuters
Gold forecasts fall, but central bank buying expected to cushion retreat - Reuters
Energy
One Megabuyer—China—Finds a Way to Get Mideast Oil - WSJ
One Megabuyer—China—Finds a Way to Get Mideast Oil - WSJ
Energy
Escalating Protests in Libya Threaten Oil and Gas Supply
The anti-government protests in Libya over power cuts and high electricity bills over the past few days escalated on Tuesday, with protesters entering the Mellitah Oil and Gas complex and threatening to halt gas and fuel supplies for both the domestic and international markets. Libya’s capital Tripo
Markets
Spot gold trades at $4,029/oz after Consumer Confidence drops to 90.8 in July - KITCO
Spot gold trades at $4,029/oz after Consumer Confidence drops to 90.8 in July - KITCO
Markets
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
Markets
Gold slips as firm dollar weighs; focus turns to Fed meeting - Reuters
Gold slips as firm dollar weighs; focus turns to Fed meeting - Reuters
Markets
Gold slips as firm dollar weighs; focus turns to Fed meeting - CNBC
Gold slips as firm dollar weighs; focus turns to Fed meeting - CNBC