Gold Tumbles, Then Rebounds as Other Commodities Crash on Trump’s Tariffs

Gold Tumbles, Then Rebounds as Other Commodities Crash on Trump’s Tariffs Gold was flat on Friday while silver, copper and oil all fell on the back of the Trump administration’s tariffs announcement.   The gold price rebounded on Friday (March 2) after Thursday (March 1) saw the yellow metal record its first monthly loss since October. The precious…

What Do You Know About African Refiners Conference Holding March 12-16?

Major changes and hard decisions facing the downstream oil industry in Africa are high on the agenda of the African Refiners and Distributors Association (ARA), which will hold its thirteenth yearly conference, in Cape Town, from March 12 to 16. Amid oil companies’ divestment of assets and the emergence of international oil traders and foreign companies willing to invest in the infrastructure involved in the…

Understanding the Threats Facing the World’s Oil Kings

 Middle East producers who for decades reigned as the undisputed leaders of oil sales to Asia are sensing a threat to their dominance, which is goading them to review age-old habits. Before the U.S. shale boom and the biggest price crash in a generation, buyers eager to feed their galloping economies had little choice but…