Latest Updates Around The World
Brokerage Samco Securities, which previously mentioned the massive bull run in gold and silver, now believes the next big move could come from the global oil benchmark, arguing that the ‘energy phase’ of the commodities super cycle is beginning to unfold.Apurva Sheth, Head of Market Perspectives and Research at Samco Securities, said the recent recovery […]
While the arrest of Venezuelan President Nicolas Maduro following US airstrikes marks a seismic geopolitical development, early signals suggest the global oil market will largely adopt the move.Venezuela’s oil infrastructure was not affected after a series of US attacks in Caracas and other states, according to people with knowledge of the matter. Key facilities such […]
Global oil markets have entered a bearish phase, with the US NYMEX index falling below $60 per barrel last week. Prices have fallen more than 20% from a January high of $74, wiping out gains from the summer rally. This sharp downturn reflects a convergence of supply-side strength and demand-side weakness, reshaping the outlook for […]
