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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Finance

Sprott launches four new ETFs focused on critical minerals

February 2, 2023 Mariel Alumit

​Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc. (NYSE, TSX: SII), announced on Thursday it has launched four exchange-traded funds (ETFs) focused on providing investors pure-play exposure to critical minerals essential to […]

Gold
Investments

Gold price falls from nine-month peak following Powell’s dovish remarks

February 2, 2023 Mariel Alumit

​Gold prices retreated on Thursday as the dollar rebounded and some investors locked in profits after the safe-haven metal scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell. Spot gold fell […]

EnergyNews

Oil Steadies as Traders Weigh Fed Rate Outlook and China Demand

February 2, 2023 Mariel Alumit

Oil steadied above a three-week low, as traders digested the Federal Reserve’s latest meeting for the outlook on interest rates and weighed the potential for better demand in China. West Texas Intermediate traded near $76.50 […]

Iron
Rare Earth Minerals

Iron ore price at 2-week low as traders reassess demand prospects in China

February 2, 2023 Mariel Alumit

​The iron ore price fell to a two-week low on Thursday as traders reassessed demand prospects in China. Iron ore and steel prices in China hit multi-month highs in January as markets rallied from early […]

Powell
Finance

Powell’s “We Will See” Is Enough For The Markets

February 2, 2023 Mariel Alumit

By Ven Ram, Bloomberg markets live reporter and strategist On Wednesday, Fed Chair Jerome Powell often peppered his answers by intersplicing “Let’s see.” As it turned out, that provided enough comfort for the markets. You […]

Pipeline
Crude Oil News

Pipeline operator Enterprise says bullish on Permian oil output

February 2, 2023 Mariel Alumit

HOUSTON, Feb 1 (Reuters) – U.S. energy pipeline operator Enterprise Products Partners (EPD.N) was bullish on oil production from the top U.S. shale basin, the firm said on Wednesday, predicting that international demand for U.S. oil and […]

Biden
ESG

ESG investment rule emerges as top ‘woke’ target for Republicans battling Biden

February 2, 2023 Mariel Alumit

Republican and Democrat lawmakers in recent weeks have been targeting the Biden administration’s environment, social and governance (ESG) investment priorities, and they are warning Americans that these priorities may be working against their financial goals. ESG standards […]

Euronav
International News

Euronav: The Saga Of A Failing Merger In A Profitable Oil Tanker Market

February 2, 2023 Mariel Alumit

Thesis Euronav (NYSE:EURN) is a Belgian oil tanker company which is considered by many as the best-managed, with a strong balance sheet. Euronav has in 2022 become the object of a merger deal with Norway’s […]

Russian
Downstream

U.S. refiners expect Russian fuel sanctions to keep margins high

February 2, 2023 Mariel Alumit

(Reuters) The European Union’s ban on Russian fuel imports that begins next week is expected to keep profit margins high this year at U.S. oil refiners, executives said, as global fuel trade shifts. A Feb. […]

LBMA
Rare Earth Minerals

LBMA implements optical AI technology to trace gold bars’ provenance

February 2, 2023 Mariel Alumit

The London Bullion Market Association (LBMA) announced that it has added optical AI developer Alitheon to the pool of five companies that support the Gold Bar Integrity (GBI) initiative. The GBI was launched in March […]

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