Sage Investment Club

October oil output cut was the right move, says OPEC secretary general

The collective decision taken in October was the correct decision OPEC+ has always played a constructive role in maintaining a balanced market “We believe there is great confidence and trust in OPEC+ and its decisions, where we have proven time and again that we are ready to act immediately and respond to the dynamic nature […]

XAG/USD tumbles to eight-week lows, worst week since October

US Dollar soars across the board after NFP. US ISM Service brings in more favourable data. Silver drops by more than 3% on Friday; down 8% from Thursday’s peak. Metals extended the sell-off after the US official employment report. Silver hits fresh monthly lows near $22.50 and is having the worst day in months. Strong […]