Gold miners headed for the altar?
Barrick Gold is reportedly planning a $19.0 billion hostile takeover of Newmont Mining. The plan is for a two-part deal involving Australia’s Newcrest Mining, which would end up with Newmont’s Australian assets.
Head of Commodity Strategy
Summary: Crude oil is jammed into a range despite several price-supportive developments. Focus now turns to this afternoon's EIA petroleum status report.