Executive Summary The 3:2:1 crack spread serves as a primary proxy for gross refining margins, calculated as: 3:2:1 Crack Spread=2×PGasoline (bbl)+1×PDistillate/Heating Oil (bbl)−3×PCrude (bbl)3\text{3:2:1 Crack Spread}…
Gold prices have plummeted, trading near $4,078.00, down 4.26%, and silver near $63.605, down 2.66%, following Wednesday's trading close. This…
Silver, a unique hybrid asset (monetary, industrial, speculative, linked to energy transition), exhibits higher volatility than gold. Its price is…
Excerpt from the article by Neils Christensen The gold market has experienced a downturn, with prices falling below $4,500 and…
Doug Moglia, a strategist at Rockefeller Global Investment Management, identifies gold as the anchor of a new commodity cycle, projecting…
UBS has lowered its 2026 gold price target to $5,500 from $5,900, citing higher Treasury yields and a stronger dollar.…
Oil reserves are rapidly depleting, eroding the world's crucial buffer against supply shocks. A concerning JP Morgan chart, discussed by…
Estimated losses in the oil market reached 800 million barrels in March-April, growing to 1 billion barrels by mid-May, according…
On Tuesday, May 12, 2026, gold prices dropped by 1.5% to $4,665 despite the US Bureau of Labor Statistics reporting…
Global gold ETFs registered inflows despite inflationary risks, with gold prices hovering near 4,700 per ounce at the start of…