RBC: Geopolitics, Oil, Natural Gas, Gold, and Sports??
Commodity Comment: Ballers
Commodity Comment: Ballers
Resilient economic data has undercut the view that rates are peaking with US 10yr treasury yields above the October 2022 highs, themselves the highest in over a decade.
Geopolitics, Oil, Natural Gas, Gold, Clean Energy and MENA Research
Sports are a key pillar of Mohammed bin Salman’s Vision 2030 transformation agenda and has garnered considerable international attention since the 2021 PIF acquisition of Newcastle United and the formation of the LIV Golf tour (pg 1).
While Chinese macro data has underwhelmed over recent weeks, end use refined product data has held up (pg 1).
Potential industrial action at Australian LNG facilities and maintenance/works at Norwegian gas facilities impacting European gas prices are a reminder of the long-term significance and potential of US LNG exports (pg 2).
Gold continues to be buffeted by opposing forces and seems to remain stuck around recent ranges even as views around peak rates seemingly begin to wobble, but the lack of investor flows should be watched as well (pg 2).
Direct air capture investments are making headlines, proving ongoing interest for the nascent technology (pg 2).