How Rising Oil Prices Are Impacting Energy Stocks?

Chevron

Despite an uncertain economic outlook, oil prices rose again on Thursday as Saudi Arabia and Russia decided to prolong output limits through the end of 2023. Goldman Sachs Commodities Research predicts that oil supply cuts could lead to Brent crude surging to as high as $107 per barrel in 2024. The impact of oil prices […]

Aluminum Market: A Challenging Year, but Optimism for the Medium Term

Aluminum

The aluminum market has had a challenging year, with prices fluctuating significantly. The benchmark three-month futures contract on the London Metal Exchange (LME) peaked in January and has since fallen by nearly 20%. This decline is due to economic vulnerabilities in Europe and the United States, as well as diminished demand in China’s construction sector. […]

Translate »