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Markets and investing
XRG, the energy investment arm of Abu Dhabi National Oil Co., has agreed to pay $1.45 billion for Shell’s stake in Australia’s North West Shelf liquefied natural gas project.
Markets and investing
Saudi Aramco reported a 9% increase in third-quarter profit, supported by stronger refinery earnings and higher oil prices. Its average oil selling price was about 35% above the year-earlier level.
Markets and investing
Central banks added a net 321 tons of gold in the third quarter, taking year-to-date purchases to an estimated 675 tons, slightly above the same period a year earlier.
Markets and investing
Informal gold shipments to India climbed to 50 metric tons in the third quarter, the highest level since 2023, according to a World Gold Council report.