Information
- Mar 03, 2025
Exclusive-Kazakhstan hikes oil output to a record high of 2.12 million bpd in February, source says
Kazakhstan raised crude oil and gas condensate production in February by 13% from January to a record high 2.12 million barrels per day, a source told Reuters on Monday, again exceeding its quota within the OPEC+ group of oil producers. Excluding gas condensate, a type of light oil, crude oil production jumped last month by 15.5% from January to 1.83 million bpd, according to the source familiar with the official statistics, and Reuters calculations, which take into account Kazakhstan's tons per barrel ratio of 7.5. Kazakhstan has persistently exceeded its output quota of 1.468 million bpd under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and allies including Russia - together known as OPEC+.
- Mar 03, 2025
Gold-for-Oil Program Suspended by Ghana’s Central Bank Boss
(Bloomberg) -- Ghana’s new central bank chief has suspended the West African nation’s program of paying for oil with gold and said he expects the cedi to stabilize after it’s volatility of last year.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4
- Mar 03, 2025
Strategy Bitcoin Holdings Steady Last Week; Company Declares First Preferred Dividend
The Michael Saylor-led company holds just shy of half a million BTC tokens.
- Mar 03, 2025
European defense stocks hit record high after Trump and Zelensky’s disastrous meeting
The stocks of European defense companies soared Monday as investors anticipate massive increases in military spending by governments in the region amid its growing rift with the United States.
- Mar 03, 2025
U.S. Crypto Strategic Reserve More Likely, Further Details Needed: Citi
The President announced that XRP, SOL, BTC, ETH and ADA would be included in the strategic reserve.
- Mar 03, 2025
Here Is What Crypto Leaders Are Saying About Trump's Crypto Reserve Plans
Here Is What Crypto Leaders Are Saying About Trump's Crypto Reserve Plans
- Mar 03, 2025
1 Large-Cap Stock to Target This Week and 2 to Brush Off
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence. With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
- Mar 03, 2025
3 Industrials Stocks Skating on Thin Ice
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and the industry is currently lagging as its six-month return of 2.8% has trailed the S&P 500’s 8.1% gain.
- Mar 03, 2025
2 Large-Cap Stocks with Exciting Potential and 1 to Avoid
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors. However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
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