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Russian Energy Min: Will try to accelerate cuts in oil output

According to Interfax News Agency, Russian Energy Minister Novak recently said that they will try to accelerate cuts in the oil output. Novak further added that he would discuss OPEC cuts with his Saudi counterpart Falih in Davos.

WTI tumbles to 2-day lows near $51.00 on glut fears

Prices of the barrel of West Texas Intermediate are posting moderate losses today and are approaching the $51.00 mark, or new 2-day lows. WTI hurt by
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Gold Technical Analysis: Yellow Metal en route to $1,289.00/oz

Gold daily chart Gold is trading in a bull trend above its main simple moving averages (SMAs).  Gold 4-hour chart Gold is trading above the
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