Welcome to Energy Daily, our guide to the energy and commodities powering the global economy. Today, OPEC Reporter Grant Smith considers Saudi Arabia’s next move. In gold, one central bank is looking to slash the metal’s share in its reserves. And copper is on course for its biggest monthly gain since January. To get this newsletter in your inbox, sign up here.
Oil may have surged to a three-month high, but Saudi Arabia is unlikely to soften its campaign to shore up prices.
