Kuwait, Bahrain, Iraq all attacked, now Saudi Arabia and Dubai.This is a dramatic escalation that takes the conflict well beyond the Hormuz shipping lane and in...
Hostilities continue in the Gulf.Incoming:reports of air raid sirens going off across KuwaitKuwaiti air defenses are currently confronting hostile missile and d...
India's RBI may have sold around $12bn in gold in the two weeks to May 22 to shore up foreign exchange reserves strained by high oil prices and a weakening rupe...
US forces fired a Hellfire missile into the engine room of a Botswana-flagged tanker heading for Iran's Kharg Island on June 2, the sixth vessel disabled since ...
First, oil inventory data. This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.Via oilprice.com:...
Copper prices continue to ratchet higher as the tightness in the market that's been predicted for years begins to bite. I've been writing for years that copper ...
The ECB was out with a report today on the international use of the euro but it contained some interesting details about who is buying gold and in what quantiti...
The push and pull continues for gold, as traders are still trying to make sense of what to do with the US-Iran situation. Deal or no deal? That remains the ques...
Key takeaways for traders and investors following oil todayCrude oil futures repaired strongly from the 86.35-87.00 lower zone, but buyers failed to sustain con...
Commerzbank (note from Friday) raised its Brent forecast to $90/bbl by end-September and $85 by year-end, up from $80 for both, citing Hormuz closure, inventory...