Royal Dutch Shell Plc is shaking up its mighty in-house trading unit, with the retirement of Mark Quartermain as head of crude — a job widely seen as the most powerful in the global oil-trading industry.
U.S. Crude Oil Stockpiles Rose By 15.2 Million Barrels Last Week
Crude Oil was little changed in the face of the second largest U.S. crude oil build on record as the market held onto hopes of an upcoming vaccine rollout lifting demand from its pandemic-induced slump.
Gold Price Analysis: Gold Trades bear 4H Chart 200SMA
Gold Price Analysis : Gold consolidates on recent recovery rally from $1,764 to $1,895. The four-month falling trendline hurdle is still intact.
WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips)
WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips) – crude oil prices entered a brief consolidation after hitting a key chart resistance level at US$ 46.30.
Goldman Sachs : Copper Prices Target to $10,000 a tonne by 2022
Goldman Sachs : Copper, the traditional, age-old remedy for good health has also remained a significantly important economic health indicator. Rising copper prices, helped by strong order flows, indicate that the global economy is recovering fast.