Gold prices steady near $2,700 as geopolitics, CPI jitters spur safe haven demand
Investing.com– Gold prices steadied near a two-week high in Asian trade on Wednesday as geopolitical instability in Asia and the Middle East underpinned safe haven demand. The yellow metal also…
Analysis-Rival LNG supplies, Sakhalin’s depleting fields give Japan an exit from Russian gas
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) – As Japan’s long-term contracts to secure liquefied natural gas (LNG) from Russia’s Sakhalin-2 project near expiration, rival producers see opportunity to…
Oil prices edge higher with focus on US inventories, China stimulus
Investing.com– Oil prices rose slightly in Asian trade on Wednesday amid continued cheer over stimulus measures in top importer China, while traders awaited more cues on the U.S. economy and…
Oil prices edge up on demand hopes from China’s ‘looser’ monetary policy
By Nicole Jao (Reuters) – Oil prices rose slightly early on Wednesday, with market participants expecting to see demand rising in China next year after Beijing announced a looser monetary…
GE Vernova cautious about wind sector as gas business soars
(Reuters) -GE Vernova said on Tuesday that it had resumed installing turbines at two offshore wind farms that experienced equipment failures this year, but the company’s CEO said he was…