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The US threat of secondary sanctions against enablers of Russian sanctions-busting, especially China, is showing signs of crimping the Russian economy. US Secretary of State Antony Blinken began a three-day visit to China on April 24 with a stern warning for Beijing: the United States is ready to play hardball to prevent the continuing supply of equipment ...
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The Baker Hughes rig count for the current week shows: • Oil rigs: 506 vs 511 • Natural gas rigs:105 vs 106. • Total rigs: 613 vs 619 last week. Crude oil is trading up $0.22 at $83.80.Baker Hughes: US oil rig count down by 5 to 506 The number of oil rigs in the United States stood at 506 in the week ending April 26, decreasing by five ...
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Gold prices can stay above the green box area and are waiting for bullish momentum to continue their upward movement. As in the previous analysis, if there is a further decline then the $2,150 point could be a downside target. Meanwhile, points like $2,500 and $2,600 will be targets for the bulls. Traders could continue to use the green box area as a place ...