Muted crude and product balances expected this week: Macquarie

Investing.com — Analysts at Macquarie have issued their forecast for the week ending September 27, indicating minimal changes in U.S. crude and product balances.  They project that crude inventories will…

TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname

PARAMARIBO (Reuters) – France’s TotalEnergies (EPA:TTEF) and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname’s most promising oil and gas project, Block 58, which is expected…

Oil prices dip as prospect of additional supply offsets Mideast fears

By Arunima Kumar (Reuters) -Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over escalating conflict in the Middle East and…

Stimulus impact on Chinese steel demand likely to be modest: UBS

Investing/com — As per analysts at UBS analysts, the impact of China’s recent stimulus measures on steel demand is expected to be modest, despite the potential for initial market excitement. …

Exclusive-Brent oil traders use little known rule to reroute US cargoes

By Florence Tan, Alex Lawler and Robert Harvey LONDON (Reuters) – Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause…

Dollar gains as Powell pushes back on jumbo rate-cut bets

By Amanda Cooper and Brigid Riley LONDON/TOKYO (Reuters) -The dollar rose broadly on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more supersized interest rate cuts.…

This Prop Firm Expands into Crypto, Offering Forex and Digital Asset Accounts

In the prop trading industry, Forex (FX) has undeniably been the dominant market, as it’s where retail investors most frequently want to trade. While cryptocurrencies occasionally appear in offerings, they’re…

This Prop Firm Expands into Crypto, Offering Forex and Digital Asset Accounts

In the prop trading industry, Forex (FX) has undeniably been the dominant market, as it’s where retail investors most frequently want to trade. While cryptocurrencies occasionally appear in offerings, they’re…

Morning Bid: Stocks kick off Q4 at record, euro inflation undershoots

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s S&P500 kicks off the final quarter of a stellar 2024 from yet another record…

Gold Posts Gains Despite Headwinds. Forecast as of 01.10.2024

If the price of gold has been rising despite headwinds, how high can it potentially soar if the headwinds change to tailwinds? The answer to this question depends on the…