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U.S. budget deal will trim the nation’s oil reserve by 15%

The U.S. budget deal requires the sale of 100 million barrels of crude from the nation’s Strategic Petroleum Reserve between 2022 and 2027. That’s a cut of about 15% from the current level and funds the oil generates will go to the Treasury, not to the energy infrastructure repair fund.

4:41 p.m. Feb. 9, 2018
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Gold investment demand down 23% in 2017: report

Global gold investment demand drops 23% last year on the back of a decline in U.S. bar and coin demand to the lowest level in a decade, says the World Gold Council.

12:00 a.m. Feb. 6, 2018
 - MarketWatch
 - Bloomberg News/Landov
How palladium’s rally is setting platinum up for a comeback

Demand for the precious metal may get a boost as auto makers consider going back to using platinum in emissions systems in gasoline cars — replacing palladium, whose price has soared.

4:07 a.m. Feb. 5, 2018


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