ADNOC Awards McDermott Over $1 Billion for Umm Shaif Offshore Gas Project
ADNOC has awarded McDermott a contract worth more than $1 billion to build a pressure-boosting facility at the Umm Shaif…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold’s Bullish Trend Faces Key Tests at $4,655 and $4,800
Gold has climbed for a third straight week, lifted by a soft dollar and fading Fed rate-hike expectations. A busy…
Silver’s First-Half Slump May Have Ended, Elliott Wave Count Suggests
Silver has clawed back 20% in August after collapsing 55% from its January peak, and chart analysis suggests the entire…
Gold clears $4,605 as US Treasury buyback plan revives the debasement trade
Gold has cleared $4,605 to trade near $4,650 an ounce, its highest level since mid-May, after the US Treasury said…
TotalEnergies CEO: oil market bearish for crude, bullish for refined products
The oil market is splitting in two: crude prices are soft while refined product prices are surging, TotalEnergies CEO Patrick…
