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Markets Have Overreacted to OPEC's Plan To Phase Out Production Cuts

Commodity analysts at Standard Chartered have pointed out that the price undershooting was the consequence of markets being dominated by a combination of extreme macroeconomic pessimism; speculative shorts and over-enthusiastic algorithmic trading ....

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August cheer: Numbers show economy on firm ground

India s goods and services tax (GST) increased by 11% in August to ₹1.59 lakh crore, maintaining strong growth. Other high-frequency indicators for August, including the S&P Global India Manufacturing Purchasing Managers Index (PMI) and car sales, also showed positive signs for the economy. The demand for aviation turbine fuel (ATF) rose by 9.5% year-on-year, and the Unified Payments Interface (UPI) crossed 10 billion transactions for the first time in August. ....

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U.S. Oil Rig Count Slips Again | OilPrice.com

The total number of total active drilling rigs in the United States stayed the same this week, with the U.S, rig count falling slightly this week ....

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Demonstrators Shut Down Serbian Copper Mine Over Wage Dispute

Workers shut down a Serbian copper mine to protest higher wages with the mine’s Chinese majority owners ....

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Russia: Western Heavy Weapons Takes Conflict To "New Level"

Moscow responded to Germany’s announcement that it would provide 14 Leopard 2 A6 tanks to Ukraine by warning of dangerous escalation. ....

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