Crude oil sharply lower; weak banking sector could hamper growth

Investing.com — Oil prices fell sharply Monday on concerns that the collapse of SVB Financial will have longer-term repercussions for the U.S. banking sector, potentially stifling economic activity going forward.

Biden administration to approve major oil project in Alaska -source

(Reuters) – U.S. President Joe Biden’s administration will approve a major and controversial oil drilling project in Alaska on Monday, according to a source familiar with the matter. The decision

Aramco’s Nasser says oil market tightly balanced

DUBAI (Reuters) – Aramco (TADAWUL:2222) Chief Executive Amin Nasser said on Sunday that the oil market would remain tightly balanced in the short to medium term, adding that he was

Gold prices surge as U.S. bank woes taper rate hike expectations

Investing.com — Gold prices hit a one-month high on Monday, recovering sharply from recent losses as markets bet that a burgeoning banking crisis in the U.S. will push the Federal

Energy & precious metals – weekly review and outlook

Investing.com — Oil longs who rushed to load up on Friday after the growth in U.S. jobs numbers turned out to be tamer than thought must have overlooked something else

Oil prices rise after buoyant U.S. payrolls

HOUSTON (Reuters) -Oil prices climbed more than 1% on Friday after better-than-expected U.S. employment data, though both benchmarks fell more than 3% on the week on U.S. interest rate hike

Natural gas down 19% on the week after ‘dead cat bounce’

Investing.com — Is natural gas returning to $3 anytime soon? That seems to be the question on the minds of almost everyone in this market though it may not be