Gold Surpasses Euro, Challenges Dollar Dominance in Global Reserves | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 07, 2024, 11:00 AM CDT Gold has surpassed the euro as a percentage of global international reserves due to increased central bank buying and...Continue Reading

Oil Exploration Firm: South Korea’s Offshore Prospects Hold Great Potential | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jun 07, 2024, 10:30 AM CDT The oil and gas exploration prospects...Continue Reading

Iran Doubles Down on Nuclear Ambitions Following IAEA Censure | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jun 07, 2024, 10:00 AM CDT Iran strongly condemns...Continue Reading

Norway Restores Natural Gas Flows to UK Terminal after Outage | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jun 07, 2024, 9:30 AM CDT Natural gas from Norway resumed flowing...Continue Reading

Tensions Between the West and Russia are Rising Again | OilPrice.com Premium Content By Editorial Dept – Jun 07, 2024, 9:00 AM CDT Politics, Geopolitics & Conflict – Tensions are slowly rising, and expanding further afield in relation to the Russia-Ukraine war, with a number of new developments that build on other East-West conflict developments...Continue Reading

Hopes of Fed Cut Jolts Oil Prices | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jun 07, 2024, 9:00 AM CDT Brent crude jumped above $80 per barrel again on Friday morning following the ECB rate cut decision on Thursday. ...Continue Reading

Oil Bounces Back on Rate Cut Optimism | OilPrice.com Premium Content By Editorial Dept – Jun 07, 2024, 9:00 AM CDT Oil Market Weekly Recap and Forecast Oil prices closed higher on Thursday, rebounding after a week of significant losses. The market reacted positively to the European Central Bank’s (ECB) decision to cut interest rates,...Continue Reading

OPEC+ Paves the Way for 2025 Return of Crude | OilPrice.com Premium Content By Editorial Dept – Jun 07, 2024, 9:00 AM CDT In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week...Continue Reading

By Editorial Dept – Jun 07, 2024, 9:00 AM CDT OPEC’s decision on Sunday to leave the door open for rolling back some of the production cuts, while not an unprecedented move, has led to a bearish reaction in the oil markets, with prices plummeting in the days following the announcement. Analysts have expressed concern...Continue Reading

Saudis To Raise At Least $11.2 Billion from Aramco’s Share Sale | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jun 07, 2024, 8:00 AM CDT The Kingdom of Saudi Arabia...Continue Reading