Standard Bank cites energy needs in fossil fuel defense
Saying the continent’s energy needs have to be balanced with climate concerns.
Source: moneyweb.co.za
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What to Watch as Commodities Face Crisis-Wracked Run to Year-End
(Bloomberg) -- Commodities face a daunting array of challenges in the final stretch of a turbulent year after capping their first back-to-back quarterly loss since 2019. Demand disruption as central banks hike rates to fight inflation, Europe’s energy crisis, extreme weather risks, and deep policy uncertainty in China are among the major features that investors will need to navigate. In the near term, traders are focused on OPEC+ this week as the alliance weighs a major supply cut, while gas markets will be on alert as Moscow escalates tensions with Europe. Elsewhere, Hurricane Ian’s impac...
Source: swissinfo.ch
What to watch as commodities face another wild quarter's trading
Oil just capped a painful quarterly loss as commodities cooled and analysts are deeply divided on what comes next.
Source: moneyweb.co.za