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September 19, 2024
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Commodity
Posted 14/06/2024

Saudi Arabia Opts Out of 50-Year Petrodollar Deal with US, Paving the Way for Diversified Currency Usage

Saudi Arabia has made the strategic decision to not renew its long-standing 50-year petrodollar...

Posted 14/06/2024

Citi Analysts Predict Oil Price Decline to $60 by 2025, Switching to Copper-Play

Citi analysts are forecasting a drop in oil prices, with an expectation of $60...

Posted 13/06/2024

IEA Forecasts Oil Supply to Outstrip Global Demand by 2030

The International Energy Agency (IEA) issued a forecast on Wednesday indicating that a rise...

Posted 11/06/2024

Goldman Sachs Predicts Brent Crude to Reach $86 amid Supply Deficit

Analysts at Goldman Sachs have forecasted that Brent crude oil prices could climb to...

Posted 15/05/2024

IEA Lowers 2024 Oil Demand Growth Projection amid Slowing Demand from OECD Countries

The International Energy Agency (IEA) has reduced its forecast for the growth of oil...

Posted 09/05/2024

Goldman Sachs No Longer Expects OPEC+ to Raise Oil Production in June

Goldman Sachs stated that they no longer anticipate OPEC+ to announce a partial reversal...

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