Share Talk Weekly Stock Market News Review, Sunday 28th May 2023

Saudi Arabia‘s energy minister has issued a cautionary note to oil speculators, advising them to be vigilant before the upcoming meeting that follows the decision by OPEC+ members to significantly

On Saturday, Democratic President Joe Biden and leading Congressional Republican Kevin McCarthy agreed upon suspending the U.S. government’s borrowing limit of $31.4 trillion, an urgent step to prevent a disastrous

Baker Hughes Co, a renowned energy services firm, reported on Friday that the US oil and gas rig count has seen a significant decline this month, marking the largest monthly

The Blobs Author @ZaksTradersCafe The phenomenon of Britain bashing, by those who want us to give up and go back into the EU, has been accelerating in the recent months,

In wider market trends, the AIM-All Share Index experienced a decrease of 2.4%, dipping to 792. Similarly, London’s top-tier FTSE 100 companies saw a decline of 2.1%, settling at 7,587.

More than a year prior, under the guise of common mobs, Russian forces launched a brutal assault on Ukrainian towns and cities, which resulted in a horrifying array of atrocities

WTI (July) $71.83 -$2.51, Brent (July) $76.26 -$2.10, Diff -$4.43 +41c. Author @mgrahamwood USNG (June) $2.30 -9c, UKNG (June) 58.0p -6.5p, TTF (June) €25.6 -€1.2. Oil price This year you

EU policymakers drafting a bill on AI regulation have expressed their disagreement with remarks made by OpenAI CEO, Sam Altman, during his visit to meet authorities across Europe. Altman, the

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Active Energy, Andrada, BSF,

Andrew Bailey has begged workers not to ask for pay rises and companies not to increase prices. He’s living in a dream world. by Charles Archer In 550 BC, Lydian King

US$ pulls back lifting metal prices as US debt ceiling talks continue MiFID II exempt information – see disclaimer below Wishbone Gold* (WSBN LN) – Magnetotellurics illuminate targets within 400m

This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe Wishbone Gold (WSBN), updated on programmes since the release

Due to a glitch in IT, British Airways has been compelled to cancel more than 100 flights. An IT malfunction has led to a mass cancellation of flights by British

Final Results for Year ended 31 December 2022 and Annual General Meeting Prospex Energy plc, the AIM quoted investment company, is pleased to announce its audited Final Results for the

Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ First North: AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets covering an area of 7,866.85

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Abingdon, Active, Cleantech,

Britain has successfully completed an entire year without importing any Russian gas, striking a significant blow to Vladimir Putin’s energy warfare. From the start of April last year to the

Risk sentiment pulls back on US debt ceiling concerns and sticky inflation MiFID II exempt information – see disclaimer below Beowulf Mining* (BEM LN) – Resource clarification European Metals Holdings

Cineworld Group PLC (LSE: CINE), a prominent cinema chain, has announced its plan to exit Chapter 11 bankruptcy protection by July. The restructuring strategy set to be implemented will unfortunately

Premier African Minerals Limited (AIM: PREM) provides a further update on progress at Zulu Lithium and Tantalum Project (“Zulu”). Key Updates: Plant provider has recommended staged approach to optimisation. First Spodumene

Marula Mining (AQSE: MARU) an African focused mining and development company, is pleased to provide an update on recent operating activities in Zimbabwe where through its 80% owned Zimbabwean operating

This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe Pires Investments (PIRI), the investment company focused on next

Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has purchased a total of 100,000 of its ordinary

ANGLE PLC (AIM: AGL, OTCQX: ANPCY), a leader in liquid biopsy technology, has revealed a major contract acquisition with Artios Pharma. The agreement calls for the use of ANGLE’s custom

Hurricane Energy plc, the UK based oil and gas company, is pleased to provide an update on the Acquisition by Prax, to be effected by means of a Court-sanctioned scheme of arrangement

Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain. The

Byotrol Plc (AIM: BYOT), a company specializing in infection prevention and control, is thrilled to announce that its unique 24-hour germ-killing surface sanitiser, Byotrol 24 (EPA Reg. Number 83614-1), has

Ratan Tata, the chairman of Tata – the owner of Jaguar Land Rover – is anticipated to travel to London the following week to declare that the UK has triumphed

Unite the Union, affirmed that approximately 1,650 contractors are set to partake in two successive 48-hour strikes. The dispute revolves around issues pertaining to employment, remuneration, and workplace conditions in

WTI (July) $72.91. +86c, Brent (July) $76.84 +85c, Diff -$3.93 -7c. Author @mgrahamwood USNG (June) $2.34 -6c, UKNG (June) 67.24p +2.19p, TTF (June) €29.78 +€0.91. Oil price Oil remains firm

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Ascent, Abingdon, Bonhill,

Bitcoin and Ethereum witnessed a dip on Wednesday, amidst warnings from analysts that more declines could be in the offing. Over the past 24 hours, Bitcoin’s value has declined by

Global markets fall on weak demand out of China and the West MiFID II exempt information – see disclaimer below Atlantic Lithium* (ALL LN) – Drilling continues to define additional

Billionaires Cameron and Tyler Winklevoss, known for their legal battle with Mark Zuckerberg over the inception of Facebook, are contemplating establishing a UK foothold for their substantial cryptocurrency venture, citing

Netflix Inc. has started implementing its long-awaited move to regulate password sharing in the UK and US, revealing plans to charge extra for users sharing accounts across different households. “Netflix

This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe Lift Global Ventures Plc (AQSE:LFT) updated on Miriad Limited,

Marula Mining (AQSE: MARU), an African focused mining and development company, is pleased to announce the establishment of a wholly owned Kenya operating subsidiary company; Muchai Mining Kenya Limited (“Muchai

For the first time in eight months, inflation has decreased to single figures, indicating a slowdown in the escalating cost of living following the previous year’s energy predicament. The Office

Mkango Appoints ESG Specialist Philipa Varris to the Board and as Chair of the Sustainability Committee Mkango Resources Ltd. (AIM/TSX-V: MKA) announce the appointment of Ms. Philipa Varris as independent

 Poolbeg Pharma (AIM: POLB, OTCQB: POLBF, ‘Poolbeg’ or the ‘Company’), a leading biopharmaceutical company focusing on infectious and prevalent diseases with a high unmet medical need, announces the appointment of Brendan Buckley as

Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, provides an exploration update on its Mbe prospect (‘Mbe’ or the ‘Prospect’), where a pilot channel-chip sampling programme has

The International Monetary Fund (IMF) has revised its previous assertion of a potential recession in the UK this year, raising the country’s growth forecasts for the second consecutive month. Now,

On Tuesday afternoon, Bitcoin experienced a rise of 1.5%, surging back over the $27k mark to stand at $27,268, as the initial worldwide effort to regulate cryptocurrency assets was proposed.

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Andrada, Bay, Baron

Saudi Energy Minister Warns Oil Speculators to Be Cautious Ahead of OPEC Meeting. In anticipation of the upcoming OPEC meeting, Saudi Arabia’s energy minister has issued a stern warning to

Metals fall as Dollar gains on the potential for further Fed rate hikes MiFID II exempt information – see disclaimer below Galan Lithium (GLN AU) – A$31.5m raised to accelerate

Shell shareholders were met with a strong statement, “Welcome to hell,” as climate activists gathered outside the oil giant’s annual general meeting. The Excel Centre in London’s docklands was the

UK Oil & Gas PLC (London AIM: UKOG) has made an announcement regarding the temporary suspension of testing operations in collaboration with Aladdin Middle East, the operator of Pinarova-1. This

Altice, the largest shareholder of BT Group PLC (LSE: BT.A), led by billionaire Patrick Drahi, has raised its stake by acquiring an additional 650 million shares. With this, Altice now

This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe URA (URAH), a minerals exploration company, announced that it

Baron Oil (AIM: BOIL), the AIM-quoted oil and gas exploration company, is pleased to announce its audited financial results for the year ended 31 December 2022. Operational Highlights (including post-period)

Marula Mining (AQSE: MARU), an African-centered exploration and development corporation, has given updates about its operational advancements at the Kinusi Copper Project (“Kinusi”), situated in the Mpwapwa District in the

WTI (June) $71.55 -31c, Brent ( July) $75.58 -28c, Diff -$4.03 +3c.  Author @mgrahamwood USNG (June) $2.58 -1c, UKNG (June) 65.8p -2.74p, TTF (June) €29.375 -€0.72. Oil price Oil rose

Goldman Sachs has predicted that unless the US resolves its current debt issue, it will exhaust its cash reserves within the next three weeks. According to the financial institution, the

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Arrow, ATOME, Cornerstone,

Precious metals tick higher despite US dollar gains MiFID II exempt information – see disclaimer below Andrada Mining (ATM LN) – Initial petalite concentrate production from pilot plant tests Cora

This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe Golden Metal Resources (GMET), a mineral exploration company focused

ECR Minerals PLC (AIM: ECR) has announced a shift in its exploration activities towards North Queensland due to lukewarm results from its Victoria operations. Andrew Haythorpe, CEO of ECR Minerals,

Helium One Global (AIM: HE1), Tanzania’s premier helium exploration company, announce the completion of an independent evaluation of the prospective resources at the Tai Prospect (“Tai”). The assessment of the

Portsmouth Water to share LeakBot Pilot results at Water Industry event on Jun 6th, 2023 Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for home insurers, is

Golden Metal Resources plc (LON: GMET), a mineral exploration company focused on tungsten, gold, copper, silver and zinc within Nevada, USA, is pleased to announce the results of a high-resolution

The AIM-All Share Index was not able to keep up with the FTSE 100 and FTSE 250, declining by 0.7% to 811 points, while the FTSE indices saw modest gains.

Analysts anticipate a substantial drop of over £1,200 in the UK’s household energy price cap in July. This is due to a significant decline in wholesale gas and electricity prices,

Blencowe Resources PLC (LSE: BRES) announced that it had raised £635,000 through a share placement involving issuing 12,700,000 new ordinary shares at a price of 5p each. This price was

Canadian Overseas Petroleum’s share price has dipped below 5p. I smell the oily scent of opportunity. by Charles Archer Canadian Overseas Petroleum (LON: COPL) shares the classic FTSE AIM story. Look

Recession Author @ZaksTradersCafe Although this is supposed to be the Week in Small Caps, there is normally a general, slightly related opening paragraph. This week, I am referring to the

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Abingdon, Arrow, Ascent,

Union Jack Oil PLC (AIM: UJO) appears more promising following a lucrative takeover offer received by its partner and fellow firm, Egdon Resources PLC (AIM: EDR), according to Shore Capital.

Anticipated average household energy bills are set to decrease by approximately £500 starting in July, suggesting that Vladimir Putin’s strategy to leverage Russia’s gas reserves for geopolitical ends has not

This week, American energy companies have reduced the count of oil rigs by 11, marking the biggest weekly cut since September 2021, according to the widely monitored report from energy

The AIM-All Share Index was not able to keep up with the FTSE 100 and FTSE 250, declining by 0.7% to 811 points, while the FTSE indices saw modest gains.

Power Metal Resources has attracted substantial support in its latest funding round, with Term Oil, led by Rick Rule, committing to an investment of up to £1 million. Rule, a

For the first time since Russia’s Ukraine incursion, European natural gas prices have returned to their typical trading ranges, marking a setback in Vladimir Putin’s energy warfare. The continent’s pricing

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Abingdon, Cleantech, Chaarat, Eurasia,

Lithium carbonate and rare earth prices rise despite poor China data MiFID II exempt information – see disclaimer below Europa Metals Limited (EUZ LN) – Drilling results at Toral Project

Amaroq Minerals Ltd is an independent mine development company with a substantial land package of gold and strategic mineral assets covering an area of 7,866.85 km2 in Southern Greenland. Amaroq

Great Western Mining Corporation PLC (AIM – GWMO, Euronext Growth – 8GW), announces its results for the year ended 31 December 2022.  Share Talk took the opportunity to speak with