Pimco Says Gold Is Overvalued Now, But Has Long-Term Appeal
Gold still looks too expensive after recent declines, according to a Pimco managing director who says sticky inflation
2023-06-01 10:54
World’s Biggest Gold Producer to Invest $540 Million in Argentina Mine
Newmont Corp., the world’s biggest gold producer, plans to invest a total of $540 million to extend the
2023-06-01 10:21
Oil Drops for a Third Session on Signs of Higher US Inventories
Oil fell for a third day as industry data pointed to rising US crude stockpiles with demand concerns
2023-06-01 08:29
Singapore Sees Record Clampdown on Oil Ships as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
2023-05-31 14:26
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
2023-05-31 14:22
World’s Top Coal Miner Hikes Prices as Wage Bill Surges
Coal India Ltd., the world’s biggest miner of the fuel, raised prices for the first time in five
2023-05-31 12:21
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:46
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:19
Europe Gas Swings as Record German Solar Counters Norway Outages
European natural gas fluctuated near the lowest level in two years as traders assessed the impact on demand
2023-05-30 19:20
Russian Oil Flows Stay High Three Months Into Pledged Output Cut
Russian crude oil flows to international markets are edging lower, but still show no substantive sign of the
2023-05-30 18:49
Heavy Rains Threaten China’s Wheat Supply for Buns and Noodles
Torrential rains have hit China’s wheat fields at harvest time, leaving crops waterlogged and moldy in the country’s
2023-05-30 15:20
Europe’s Unwanted Coal Heads to China and India as Heat Builds
Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures
2023-05-30 11:56