Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.At this year's LME Week, the tone was generally positive across all commodities and the view is that the good times are "a coming". Julian Kettle, Vice Chairman of Metals & Mining and Rory Townsend, Research Analyst for our Instit...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.UPDATE: 22 June 2018OPEC has delivered a compromise that shows the commitment to unity that Saudi Arabia - and Russia - hoped for. Both countries worked hard to address the various issues facing the group and its non-OPEC partners.Fac...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Things are looking up for exploration as we start to see a long overdue return to profitability - for those companies still in the game. From single digit returns just a couple of years ago, we're now headed back to double-digit...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We explored how the market for EVs might develop in part 1. This week Ed Rawle, Head of Oils Research, chats about the implications for global oil demand.So Ed, straight to the point - how much oil demand will EVs displace?Around 5 to...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.LONDON/HOUSTON/SINGAPORE, June 22, 2018 - OPEC has delivered a compromise that shows the commitment to unity that Saudi Arabia - and Russia - hoped for. Both countries worked hard to address the various issues facing the group a...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Despite the prolonged low-price oil market over the past year, North American refiners have largely remained in good financial health - but changes in the supply and demand landscape are creating uncertainties. OPEC production cuts, t...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.There will be just 5 million EVs on the road by the end of 2018, minuscule penetration into a global car stock of 1.2 billion cars. But with faster acceleration, longer life, fewer moving parts and less maintenance, and no tail pipe e...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.UPDATE: This week's OPEC meeting in Vienna culminated today in a smooth rollover of production cuts through 2018, with a potential escape clause set for their June meeting. OPEC and non-OPEC countries - notably Russia - agreed to keep...Read More
RAPAPORT... White gold is the most popular metal for self-purchasingmillennial women, with yellow gold trailing in last place, according to a survey by MVI Marketing.MVI conducted the survey in July among 1,001 US women aged25 to 40 with an annual of income of $75,000 or higher. Some 35% of respondentssaid they would be most likely to buy white-gold jewelry if making a purchasefor themselves. Silv...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.At the outset, 2018 seems to be a year full of opportunity for upstream companies.After three years of fighting to survive the price collapse, companies are ready to deliver and to continue rebuild in anticipation of a new era of lowe...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.As with everything, challenges lie ahead for new coal-to-olefins (CTO)/coal-to-propylene (CTP) projects. The primary hurdles are around water supply, environmental issues and project financing.Water: the CTO lifebloodAs CTO production...Read More
RAPAPORT... The summer slowdown didn't stop some big stories breaking duringthe past week or two. In the latest Rapaport Diamond Podcast, the editorialteam discusses the consequences of the US Federal Trade Commission's new guidelinesfor marketing lab-grown diamonds, as well as Swatch Group's decision to leaveBaselworld.Also, Editor in Chief Sonia Esther Soltani explains why RapaportMagazine is su...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Oil and gas companies are set to enter 2018 in their best shape since oil prices collapsed. In its 2018 Upstream Outlook, released today, global natural resources consultancy Wood Mackenzie believes many will now focus on demonstratin...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The Jiangsu provincial government in China has instructed port authorities to pause loading and unloading of all chemicals considered potentially dangerous during the period of the 19th National Congress of the Chinese Commu...Read More
RAPAPORT... The Jewelry Industry Summit has received tax-exempt status asa charitable organization in the US. The new classification means all donations and contributionsto the group are fully tax-deductible, it said Tuesday. The organization has also reelected Cecilia Gardner, theformer CEO of the Jewelers Vigilance Committee (JVC), as chair. Mike Pace ofConnected Jewelry holds the position...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
RAPAPORT... Alleged Indian fraudster Mehul Choksi's US jewelry chain hasfiled for Chapter 11 protection, according to court papers. Samuels Jewelers has brought in liquidators to begin sellingits assets so it can pay off debt, theTuesday filing at the District of Delaware Bankruptcy Court showed. The company listed liabilities between $100 million and $500 million, including $84 million to Wells F...Read More