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Oil moves lower as traders eye Saudi Arabia ahead of this week s OPEC+ output decision

Oil moves lower as traders eye Saudi Arabia ahead of this week s OPEC+ output decision
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Saudi arabiaUnited kingdomUnited statesWhite houseDistrict of columbiaWarren pattersonFredericj brown agenceJamal khashoggiPhillip streibleLouise dicksonKamala harrisSaudi arabia interventionOrganization of the petroleum exporting countriesYork mercantile exchangeRystad energyNew york mercantile exchange

Oil ends lower as traders eye Saudi Arabia ahead of this week s OPEC+ output decision

Oil ends lower as traders eye Saudi Arabia ahead of this week s OPEC+ output decision
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Saudi arabiaUnited kingdomUnited statesWhite houseDistrict of columbiaWarren pattersonFredericj brown agenceJamal khashoggiPhil flynnPhillip streibleLouise dicksonKamala harrisYork mercantile exchangePrice futures groupNew york mercantile exchangeSaudi arabia intervention

Here s what the oil market thinks OPEC+ should do next

Major oil producers will put their negotiation skills to the test when they meet to discuss production levels in early March, as Saudi Arabia and Russia attempt to seek balance between crude prices at their highest in more than year, tightening global supplies and an uncertain path of recovery for energy demand.

Saudi arabiaUnited statesStan bhartiChris duncanPhillip streibleOrganization of the petroleum exporting countriesPetroleum exporting countriesWest texas intermediateBrandes investmentBlue lineWith brentசவுதி அரேபியாஒன்றுபட்டது மாநிலங்களில்ஸ்டான் பாரதிகிறிஸ் டங்கன்பிலிப் ஸ்ட்ரீபிள்

Gold price slips to Rs 46,770 per 10 gm, silver trending at Rs 70,510 a kg

Gold price slips to Rs 46,770 per 10 gm, silver trending at Rs 70,510 a kg
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New yorkUnited statesNew delhiTamil naduJerome powellTai wongPhillip streibleUs senate onFederal reserveGood returnsFederal reserve chair jerome powellBlue line futuresபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்புதியது டெல்ஹிதமிழ் நாடு

Gold drops over 1% as U S Treasury yields, dollar rise

Gold drops over 1% as U.S. Treasury yields, dollar rise Rabu, 24 Februari 2021 / 23:00 WIB Sumber: Wahyu T.Rahmawati KONTAN.CO.ID - JAKARTA. Gold prices fell more than 1% on Wednesday as surging U.S. Treasury yields and a firmer dollar dented demand for the safe-haven metal. Spot gold was down 0.9% at $1,787.96 per ounce by 10:14 a.m. ET (1514 GMT). U.S. gold futures slipped 1.1% to $1,786.80. Rising bond yields continue to weigh on the gold market. Gold has not found any path to a sustainable recovery even with talks about additional stimulus measures, said Phillip Streible, chief market strategist at Blue Line Futures in Chicago.

Jawa tengahUnited statesJakarta rayaOle hansenPhillip streibleWahyut rahmawatiUs senateSaxo bankFederal reserveBlue line futuresFederal reserve chair jerome powellPhilippine duterteGold priceBerita nasionalKebijakan ekonomiஒன்றுபட்டது மாநிலங்களில்