Gold hits record high as Trump’s Greenland tariff threat sparks safe-haven buying
Gold (XAU/USD) opened the week with a significant bullish gap, propelling prices deeper into uncharted territory as safe-haven demand intensified.…
Tag: Geopolitical Risk
Commerzbank: OPEC+ Production Falls Short of December Targets
Supply Shock: Drone Attacks Slice OPEC+ Output Global oil oversupply might not be as bad as the market feared, thanks…
Oil reaches multi-week highs due to Iran unrest and supply concerns
According to OCBC FX analysts Sim Moh Siong and Christopher Wong, oil prices have seen a sharp increase, with Brent…
WTI Slides Toward $58.50 as Iraqi Oilfields Resume Output
During Tuesday’s Asian session, WTI traded around $58.65, slipping as Iraq brought one of its key oilfields back online. Market…
Despite Oversupply Concerns, WTI Rebounds Due to Russian Depot Strike and US Sanctions
West Texas Intermediate (WTI) US Oil was trading around $59.50 on Friday, marking a 1.60% daily increase after touching a…
Despite Oversupply Concerns, WTI Rebounds Due to Russian Depot Strike and US Sanctions
West Texas Intermediate (WTI) US Oil was trading around $59.50 on Friday, marking a 1.60% daily increase after touching a…