Brent Crude Oil Prices Climb Despite Significant OPEC Forecast Reductions for 2024
Brent Crude – Oil Prices Rise Despite Largest OPEC Forecast Cuts of 2024 Most Read: USD/CHF edges up ahead of SNB rate decision Oil prices continued its steady move higher on Wednesday, up around 1.27% at the time of writing. This is a slight surprise given that OPEC downgraded its 2024 and 2025 forecasts. OPEC […]
Abu Dhabi Sustainable Finance Forum Concludes ADFW 2024
Abu Dhabi Sustainable Finance Forum Marks the Conclusion of ADFW 2024 ABU DHABI, UAE, Dec. 12, 2024 /CNW/ — ADGM, the international financial centre (IFC) of Abu Dhabi, in partnership with Global Climate Finance Centre (GCFC), HSBC and Smartenergy, today hosted the 7th edition of the Abu Dhabi Sustainable Finance Forum (ADSFF) to round off […]
LNG Market Poised for Growth and Stability as Asia Fuels Demand, Experts Say – ET EnergyWorld
LNG market set for balance and expansion as Asia drives demand, say Experts, ET EnergyWorld New Delhi: The global LNG market is expected to remain stable and balanced over the coming decade, driven by phased capacity expansion, consistent demand, and evolving infrastructure, experts said at the Economic Times Oil & Gas Annual Conference & Expo […]
Fintech Abu Dhabi Brings Together Global Tech Leaders, Solidifying Abu Dhabi’s Status as a Financial Innovation Hub
Fintech Abu Dhabi Unites Global Tech Leaders, Reaffirms Abu Dhabi as a Hub for Financial Innovation ABU DHABI, UAE, Dec. 11, 2024 /PRNewswire/ — Fintech Abu Dhabi returned for its highly anticipated eighth edition, reinforcing its status as the Middle East’s biggest fintech festival. Part of Abu Dhabi Finance Week (ADFW), the flagship event series […]
Mali Arrests and Niger Site Takeover Shake Western Mining Companies
The escalation is expected, however, to hit firms seeking finance and insurance – curbing supply growth in Africa’s engine of gold output, more than a dozen people, including mining employees, financiers, insurance providers and government sources, told Reuters. The push by Mali, Burkina Faso and Niger’s military governments to renegotiate terms with mining companies and gain […]
India’s 15% Gas Target Encounters Industrial Pressure Challenges, ET EnergyWorld
India’s 15% gas target faces industrial push challenge, ET EnergyWorld New Delhi: With India aiming to increase natural gas usage to 15% of its energy mix, experts highlighted the challenges in achieving this target at the Economic Times Oil & Gas Annual Conference & Expo 2024. Speaking during a panel discussion on E&P Strategies for […]
Gold (XAU/USD) Targets $2,700 Amid Anticipated Fed Rate Cuts and Geopolitical Tensions
Gold (XAU/USD) Eyes $2,700 as Fed Rate Cut Looms, Geopolitics in Focus Most Read: Markets Weekly Outlook – Central Bank Focus as US Inflation Looms Gold has started the week on the offensive as the stars have somewhat realigned for the precious metal. The regime change and geopolitical developments in Syria coupled with a Chinese […]
Heraeus Predicts Gold Prices May Continue Record Surge Through 2025
Gold, often used as a safe store of value during times of political and financial uncertainty, tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding the non-yielding asset. “If the Chinese government’s economic stimulus measures boost the economy, China and India could provide a solid basis for gold […]
Alaska Energy Metals Extends Eureka Zone Mineralization 1.8
Alaska Energy Metals announced results from two drill holes in its 2024 Eureka resource expansion program, extending the Eureka deposit by 1.8 kilometers to approximately 5.5 km. Nickel is the primary commodity, alongside critical metals like copper, cobalt, and platinum. Significant intersections included EZ-24-012 with 330.9 meters at 0.28% nickel equivalent (NiEq) and EZ-24-011 with […]
Drilling Leases in Alaska’s Arctic Refuge
Alaska’s Arctic refuge drilling leases The Biden administration has announced it will conduct an oil and gas drilling lease auction in Alaska’s ANWR on 9 January 2025, Reuters reported. The US Interior Department confirmed on Monday that 400,000 acres (161,874 hectares) will be made available, the minimum mandated by legislation requiring the sale. The ANWR […]