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Angola requests bids for 10 onshore oil blocks

Angola’s state oil firm Sonangol on Monday requested prequalified bidders to submit bids for ten onshore oil blocks as Africa’s second largest crude exporter aims to open up new exploration opportunities. U.S. oil major Chevron, Italy’s ENI, commodities trader Glencore and Portugal’s GALP were among the prequalified companies who could operate the blocks, Sonangol said in a press release. Sonangol said last year that the 10 blocks may hold, on

Ray Dalio: “If You Don’t Own Gold, You Know Neither History Nor Economics” – The Reason For Our Unbroken Confidence In Gold

On the heels of the flash crash which saw the price of gold plunge more than $50 in the blink of an eye, today King World News is featuring a piece by a man whose recently released masterpiece has been praised around the world and recognized as unique work in the gold market. Below is the latest exclusive KWN piece by Ronald-Peter Stoferle of Incrementum AG out of Liechtenstein.

Cook frustrated after loss

England captain Alastair Cook says it was “incredibly frustrating” to suffer such a heavy defeat in the second Investec Ashes Test at Lord’s after the team had performed so well in the series opener.