People want to hold on to their gold positions as they see how the inflation story plays out, says the Emerging Markets Commentator. There are two very different cues. On the positive side, jobless claims have fallen below a million in the US and on the negative side, IEA has cut global oil demand for […]Read More
Tags : "IEA"
By Javier Blas, Salma El Wardany and Grant Smith The world’s prime oil producers pulled off a historic deal to cut world petroleum output by practically a 10th, placing an finish to the devastating price war between Saudi Arabia and Russia. After a week-long marathon of bilateral calls and 4 days of video conferences with […]Read More