Oil Ends Volatile Session at Two Month High
Oil settled at the highest level since March after a volatile session in which investors toggled between bullish underlying fundamentals and fears of takin...
Source: rigzone.com
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Are Oil Stocks Due For A Correction?
Crude prices continue to hold around $120 per barrel, but while some analysts think the energy sector has become overbought, others still see plenty of growth for growth
Source: oilprice.com
Energy Sector ETFs Rally as Wall Street Ups Crude Oil Outlook
Energy-related exchange traded funds strengthened Tuesday as crude oil prices begin to dance around $120, again.
Source: etftrends.com
ASX LIVE: ASX to rise, S&P 500 advances in broad rally
Australian shares to open higher; Platinum reports $209m of outflows in May; Boral appoints Vik Bansal as CEO; Fonterra announces $50m buyback; oil prices at 2-month highs; UBS sees potential rate cuts in 2H 2023. Follow updates here.
Source: afr.com
One by one, mega miners show why metals supply is so squeezed
Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.
Source: mining.com