Monday's analyst upgrades and downgrades - The Globe and Mail
Inside the Market’s roundup of some of today’s key analyst actions
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Inside the Market’s roundup of some of today’s key analyst actions
The gold price in London dropped back from 2-week highs of $1930 on Monday as longer-term US interest rates rose with crude oil prices ahead of this week's Fed decision, stoking fears of inflation
Prices got a further boost after the IEA warned that continued supply cuts by the two OPEC+ leaders are likely to create a “significant supply shortfall” and threaten further price volatility
The price of oil varies depending on the grade and the market, but Saudi Arabia is charging a premium for its oil, which is now approaching US$100 a barrel.
Brent and WTI oil futures are trading at 10-month highs and nearing $100 on tighter supply expectations and improved market fundamentals. But will the bullishness last?