New Mexico’s oil and gas industry has recovered to pre-pandemic levels in crucial categories. It delivered record amounts of petroleum to markets and money to state coffers. Moreover, it helped to add record amounts of
Gold and silver prices are trading near-constant in early Thursday trade in the United States. The market is anticipating Federal Reserve Chairman Jerome Powell’s testimony before a Senate committee, following his dovish comments on monetary
It couldn’t have come at a worse time for OPEC and the oil bulls who rely on the cartel, but China has begun to slow its crude purchases—much like it has delayed its copper imports.
Investors focused on U.S. inflation data, which could shed more light on the Federal Reserve’s policy tightening timeline. Hence, on Tuesday, gold prices remained stable in a narrow range. By 0619 GMT, spot gold was
A European Union plan to extend carbon pricing to the gasoline used in automobiles and to heat homes faces early opposition from governments and parliamentarians concerned about public backlash. Supporters find measures to compensate people
Prices for commodities ranging from corn to copper to oil skyrocketed in the first half of 2021 due to pent-up demand and supply bottlenecks caused by the COVID-19 epidemic. According to Saad Rahim, chief economist
On Wednesday, gold prices held firm near the vital USD 1,800/ounce psychological level. It received support from a drop in US Treasury yields, as investors awaited minutes from the Federal Reserve’s June meeting for more
Dollar inflation also influences gold price boost. Investors wait for the U.S. federal reserve’s latest policy meeting release. Gold futures increased by 0.8% and reached $1,797.65 by GMT 3:34 AM. It is the highest result
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