Jordan Zinberg’s Top Picks for October 25, 2024
Top picks from Jordan Zinberg, president and CEO, Bedford Park Capital
Suriname Rules Out Borrowing More Against $26 Billion Oil Patch
Suriname, which is on the verge of becoming a major South American energy producer, is ruling out more borrowing against future oil production, according to its finance minister.
Oil Advances as Traders Refocus on Escalation in Middle East
Oil steadied after a two-day fall, with traders keeping their focus on geopolitical developments in the Middle East and the outlook for supply.
Oil Traders Flock to Options Like Never Before on Mideast Risk
Oil traders are holding a record number of options contracts as they seek to protect against the risk of a price spike driven by potential supply disruptions in the Middle East.
Oil Falls as US Crude Stockpiles Rise, Cease-Fire Talks Progress
Oil fell as a US industry group signaled a rise in nationwide crude inventories, and the Biden administration renewed efforts to secure a cease-fire in the Middle East.
Gold Retreats as Traders Book Profits From Rally to Fresh Record
Gold steadied near a record high, as it receives sustained haven demand with investors monitoring the approaching US election and conflict in the Middle East.
Bitcoin Options Traders Eye $80,000 No Matter Who Wins US Election
Options traders are increasing bets that Bitcoin will reach a record high of $80,000 by the end of November no matter who wins the US presidential election.
The Secretive World of Russian Oil Tanker Insurance Revealed
One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s petroleum against the risk of a catastrophic oil spill.
Oil Rises as Middle East Conflict Persists Amid Cease-Fire Talks
Oil steadied — after surging almost 2% on Monday — as traders tracked tensions in the Middle East, and broader markets carried a risk-off tone.
Javed Mirza’s Top Picks for October 17, 2024
Top picks from Javed Mirza, technical strategist, Raymond James