Energy & Commodities

Earlier this month, the President announced tariffs on foreign-manufactured (and imported into the U.S.) steel and aluminium of 25% and 10% respectively. There has since been a lot of speculation of what these measures might mean. Both, proponents and opponents, have made their case for and against the levy.However, until more is known about... Read more

Reports indicate that Anglo-Dutch oil giant, Royal Dutch Shell plc (ADR)(NYSE:RDS.A), has acquired a minority interest in Applied Blockchain, a startup focused on the blockchain technology. Financial details of the deal were not disclosed. Applied Blockchain is based in London, United Kingdom.At the moment Applied Blockchain is developing smart contracts and distributed ledger technology.... Read more

Chevron Corporation (NYSE:CVX) tumbled last month after the company said its production fell in the third quarter amid sales of assets and decline of wells in the US. Chevron’s production declined by 17,000 barrels per day. Chevron’s production failed to grow even after Gorgon LNG project in Australia and operations in Permian Basin in... Read more

Oil price is increasing steadily amid a decline in US crude inventories after a massive drop of crude supplies from Canada. Analysts also think that OPEC countries will keep a cap on oil production, which would result in a swift oil price recovery in 2018.If you are looking to invest in the penny oil... Read more

Oil price is finally touching new highs amid declining crude stockpiles of the US and the latest crackdown in Saudi Arabia initiated by the Crown Prince, Mohammad Bin Salman. Salman plans to list several business segments of Saudi Aramco in 2018. This would give a boost to oil prices. Analysts think that the biggest... Read more

Oil prices rose earlier this week amid reports of declining US crude inventories. The biggest oil exporter Saudi Arabia has also hinted to end the current oil glut by capping its production. Exxon Mobil Corporation (NYSE:XOM) is one of the biggest oil companies in the world. The company is expected to announce quarterly results... Read more

Carl Icahn is a famous activist hedge fund manager and investor. According to Forbes, Icahn’s total net-worth stands at $19 billion. Icahn is behind several hostile takeovers in the corporate world. The billionaire manages Icahn Capital LP, whose portfolio has a total value of $19 billion. In this article we will discuss some of... Read more

Gold touched new highs on Thursday amid political uncertainties in Spain and tensions between North Korea and the US. Gold is considered as a safe-have asset. During times of uncertainty, investors turn to gold. If you are looking to invest in gold stocks, here are the best options you should consider. Barrick Gold Corp (USA)(NYSE:ABX) Barrick... Read more

Royal Dutch Shell plc (ADR) (NYSE:RDS.A) has announced its acquisition of NewMotion, a European company that puts up electric vehicle charging networks.The Dutch energy company announced its decision to go through with the acquisition of NewMotion on Thursday. The announcement is quite exciting because it signifies the fact that fossil fuels are influencing change... Read more

Royal Dutch Shell plc (ADR) (NYSE:RDS.A) recently revealed that it plans to sell its stake in Comgas to Brazilian firm Cosan.Cosan is the biggest natural gas distributer in Brazil and it recently struck the deal to acquire Shell’s stake in Comgas. Shell expects to receive roughly $380 million once the sale goes through and... Read more