Latest News for: Sarkar

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Exxon Mobil to supply LNG to South Africa as it cuts coal reliance

Invezz 17 Jun 2026
Exxon Mobil Corp. has struck a preliminary deal to supply liquefied natural gas (LNG) to South Africa, helping the country diversify its heavily coal-dependent power grid, according to Bloomberg ... ....
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Gold rebound ahead? Barclays sees prices climbing toward $4,900

Invezz 17 Jun 2026
Barclays has maintained its bullish long-term outlook for gold, forecasting the metal will reach $4,791 per ounce by the end of 2026 and $4,900 in 2027, even after a sharp correction during the Iran conflict ... ....
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Oil supply surge expected after Hormuz reopening, but price collapse unlikely

Invezz 17 Jun 2026
The US and Iran reached a framework agreement to extend the current ceasefire by 60 days and reopen the Strait of Hormuz to shipping ... Energy markets reacted with immediate relief ... OPEC members had already begun unwinding voluntary production cuts ... ....
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Commodity wrap: Oil rebounds over 2% amid fragile US-Iran deal; gold steady

Invezz 17 Jun 2026
Oil prices rebounded more than 2% on Wednesday after US President Donald Trump threatened to bomb Iran, raising doubts about the peace deal ... The aluminium contract was 0.7% higher at $3,417.93 per ton. Oil rebounds ... EDT (1800 GMT) ... Lukman Otunuga ... ....
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Wall Street split on oil outlook after US-Iran deal eases Hormuz risk

Invezz 16 Jun 2026
Morgan Stanley has lowered its oil price forecasts for the remainder of 2026, citing expectations of improved supply flows following the US-Iran agreement to reopen the Strait of Hormuz ... ....
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Middle East crude weakens as Hormuz reopening hopes crush war premium

Invezz 16 Jun 2026
Middle Eastern crude markets weakened on Tuesday as optimism grew over a potential reopening of the Strait of Hormuz following progress in the US-Iran agreement ... Physical oil markets in the region have also shown clear signs of easing ... ....
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Motor oil shortage may last into 2027 despite US-Iran deal, shops warn

Invezz 16 Jun 2026
Industry executives warn that supply chains remain snarled, and smaller garages are being squeezed hardest, according to a Reuters report.Shortages hit repair shops hard ... He described the shortage as unprecedented in his 35 years repairing cars ... ....
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Commodity wrap: Oil plunges to 3-month low, gold holds above $4,300

Invezz 16 Jun 2026
Oil prices plunged more than 4% on Tuesday to a fresh three-month low on growing expectations that the US and Iran would agree to end the war ... Higher interest rates increase the opportunity cost of holding gold as it is an unyielding asset. Oil slumps.
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Hormuz reopening lifts sentiment, but analysts see months before trade recovery

Invezz 15 Jun 2026
The USIran agreement to reopen the Strait of Hormuz has eased immediate fears of supply disruption, but analysts warn it will take months before global oil and gas trade flows normalise ... ....
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I am unashamedly in love with the adorable Boox Tappy ereader page turner — but ...

TechRadar 13 Jun 2026
It has its limitations as it doesn't play well with all ereaders, but the Boox Tappy's retro charm is undeniable ... .
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How new Fed Chair Warsh could influence gold market outlook

Invezz 13 Jun 2026
Gold prices have come under significant pressure in recent days, dropping close to the psychologically important $4,000 per troy ounce level for the first time since November 2025 ... Carsten Fritsch. Commodity analyst at Commerzbank AG ... Barbara Lambrecht.
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Copper surges as Trump signals Iran deal could come within days

Invezz 12 Jun 2026
Copper prices staged a strong recovery on Friday, climbing more than 2% from a three-week low after US President Donald Trump signalled that a deal with Iran to end the four-month conflict could be signed as soon as this weekend ... ....
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Commodity wrap: Gold rebounds; oil slips 3% on hope of US-Iran deal

Invezz 12 Jun 2026
Gold prices on COMEX rebounded more than 2% on Friday after plunging to a seven-month low earlier this week ... Metal production is expected to keep expanding, particularly in aluminum output ... Gold rebounds, but set for weekly loss ... Barbara Lambrecht ... ....
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