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JPMorgan Warns Oil Could Crash Into the $30s by 2027

JPMorgan Warns Oil Could Crash Into the $30s by 2027

With rising geopolitical mayhem that the year 2025 is a heavy witness to, adding to that, JPMorgan has…
Commodity wrap: gold jumps as weak US data fuels bets on Fed rate cut; oil rises

Commodity wrap: gold jumps as weak US data fuels bets on Fed rate cut; oil rises

Oil prices rose slightly on Tuesday as concerns over the latest US sanctions on Russian supply raised fears among investors.  Meanwhile, gold price...
Analysis: oil prices likely to remain under pressure as supply outpaces weakening demand

Analysis: oil prices likely to remain under pressure as supply outpaces weakening demand

The oversupply in the oil market is likely to result in lower prices for the rest of the year.  “The Brent oil price is likely to end 2025 with an ...
Dow futures dip as markets await key data: 5 things to know before Wall Street opens

Dow futures dip as markets await key data: 5 things to know before Wall Street opens

Dow futures remained flat on Tuesday, a day after technology stocks led the Wall Street rebound. The futures tied to the Dow Jones Industrial Avera...
China’s $468B energy push rattles global oil markets

China’s $468B energy push rattles global oil markets

China has been building its crude oil inventories at a rate of 1M barrels daily, which are currently estimated to be between 1.2B and 1.3B barrels.
USD/INR forecast as ING Bank predicts an Indian rupee rebound

USD/INR forecast as ING Bank predicts an Indian rupee rebound

The Indian rupee remained near its all-time low this week, even as odds of a trade deal between the United States and India rose. The USD/INR pair ...
‘They’ll love us again’: Trump says US close to getting ‘fair trade deal’ with India

‘They’ll love us again’: Trump says US close to getting ‘fair trade deal’ with India

President Donald Trump has signaled that a breakthrough in the contentious trade dispute between the United States and India may be imminent, stati...
Morning brief: Trump eyes India deal; Adani’s battery push; Paramount hikes prices

Morning brief: Trump eyes India deal; Adani’s battery push; Paramount hikes prices

Global attention was fixed on several major developments this week, from a potential breakthrough in US-India trade relations to a significant stra...
Lukoil’s force majeure approved as sanctions trigger Iraq payment freeze

Lukoil’s force majeure approved as sanctions trigger Iraq payment freeze

Western sanctions targeting Russian oil major Lukoil have forced the company to declare force majeure at the massive West Qurna-2 oilfield in Iraq....
Gold Reserve sues Rusoro Mining in Delaware over Citgo auction dispute

Gold Reserve sues Rusoro Mining in Delaware over Citgo auction dispute

Toronto-listed miner Gold Reserve (GRZ.V) filed a lawsuit against Rusoro Mining (RML.V), alleging the company violated its contract under a consort...