Gold needs glitzy marketing to drive up demand
Gold demand faces a risk of severe decline unless the sector, preferably led by central banks, embarks on a huge marketing campaign, leading industry analyst Andy Smith said on Friday.

Canadian Natural bids for Ranger Oil
Canadian Natural Resources Ltd. made a white-knight bid to acquire Ranger Oil Ltd. for cash and stock valued at about 1.08 billion Canadian dollars. Ranger's board agreed to the deal, which still needs approval of two-thirds of the company's shareholders.

Mexico will support an OPEC oil output boost -- Pemex chief
Mexico would support a boost in oil production if the Organisation of Petroleum Exporting Countries (OPEC) decided to make one in its upcoming meeting in Vienna, the head of Petroleos Mexicanos (PEMEX) said on Thursday.


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