European natural gas prices fell the most in more than two weeks after Ukraine agreed to allow Russian humanitarian aid across its border and talks between the two former Soviet nations brought some progress.
President Petro Poroshenko said Ukrainian forces destroyed part of the column that arrived overnight from Russia. The Foreign Ministry in Moscow meanwhile warned about a potential attack on another convoy carrying humanitarian aid.
In this interview with The Mining Report, Casey Research energy expert Marin Katusa shares four junior names he thinks could profit from a move into modern energy production techniques, and one truly contrarian name for those expecting the worst.
Gold popped higher today as equities fell on news that a Russian aid convoy is heading to Ukraine and on signs that the new deepening tensions and risk of conflict with Russia is hurting confidence in the euro zone economy.
Gold investors who pulled money out of U.S. exchange-traded products through the first half of 2014 rushed back in July, just as prices resumed a decline that Barclays Plc and Goldman Sachs Group Inc. say will get worse.