Prio Halts Peregrino Oil Production After Regulator Intervention Brazilian oil company Prio has announced a halt to production at its Peregrino field following an intervention by Brazil’s National Agency of...
Syria’s Drought and Wheat Shortage: A Test for New Leadership and Potential Market Volatility Syria faces a confluence of challenges, with a historic drought exacerbating an already precarious wheat shortage....
USDA Bolsters Screwworm Defense with New Texas Facility The US Department of Agriculture (USDA) is building a new facility in Texas dedicated to combating the screwworm, a flesh-eating parasite that...
US Oil and Gas Rig Count Remains Steady, Signaling Potential Price Stability The US oil and gas rig count held steady this week, according to Baker Hughes. This stability, while...
Gold Prices Poised for Weekly Decline as Fed Rate Cut Bets Fade Gold prices are on track for a weekly loss as traders reassess their expectations of aggressive interest rate...
Brent Oil Prices Expected to Average $63.50/bbl, Potentially Dipping Below $60: Bank of America Analysis Bank of America (BofA) forecasts that Brent crude oil prices will average $63.50 per barrel...
Oil Market Premiums Narrow as Supply Surges and Summer Demand Ebbs Recent reports indicate a narrowing in the oil price structure, with premiums falling significantly. This shift is attributed to...
Oil Prices Dip Amid US-Iran Ceasefire, Inflation Remains Key Concern Oil prices retreated following President Trump’s announcement of a ceasefire between the US and Iran, offering a brief respite from...
Oil Prices Fall as Geopolitical Tensions Ease with US-Russia Talks on Ukraine Oil prices have retreated from recent highs as diplomatic efforts between the US and Russia regarding the Ukraine...
Gold Glitters Amid Tariff Fears and Supply Concerns Gold prices are finding support amidst rising concerns over US tariffs on imported gold bars and broader trade tensions. The US government’s...
