Gold and WTI Crude Oil Technical’s (Weekly) $GLD, $USO Spot Gold finished sharply higher for a 2nd week running, closing at 1,274.40 oz, as risk aversion helped the precious Yellow metal to resume its Bullish trend from earlier this year. Risk aversion, prompted by China and the UK, underpinned the commodity, alongside with the Uturn […]
‘Goldie’ Declares Crude Oil Glut is Over, Unlikely WTI Crude Oil $USO WTI Crude Oil (NYSEArca:USO) prices rose to new YTD highs, with WTI futures roughly 3.0% higher Monday, reaching 47.82 bbl, as news pointing for output disruptions suggest that supply and demand will come to balance sooner than expected, according to Goldman Sachs aka […]
Nigeria And China Firms To Develope A Cocoa Hub The southwest Nigeria’s state of Osun Thursday said it has partner a Chinese firm to transform the state into a Hub of Cocoa production. State governor Rauf Aregbesola made the remarks in Ede town during a facility tour of the resuscitated Cocoa Production Industry in partnership […]