This chart from our own house shows the levels of OPEC production at members' levels. Saudi Arabia is the leading producer with more than 31 percent share, followed by Iraq with a little more than 13 percent and Iran wit…
This chart from our own house shows the levels of OPEC production at members' levels. Saudi Arabia is the leading producer with more than 31 percent share, followed by Iraq with a little more than 13 percent and Iran with a little more than 10 percent share. Interestingly, four countries; UAE and the above three produce 64 percent of all the OPEC oil and two of them are looking for exemptions from the deal.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…