This chart from Goldman Sachs shared by the expected path of production of crude oil in the United States at different prices. Over the past few years, US producers have significantly reduced production costs and they ar…
This chart from Goldman Sachs shared by the expected path of production of crude oil in the United States at different prices.
Over the past few years, US producers have significantly reduced production costs and they are going to increase production even at $50 per barrel. Only a price around $45 could hinder the growth.
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…