Morgan Stanley's Global Commodity Strategist Martijn Rats shared his opinion on what would possibly become major factors of uncertainty for the world’s market of oil this year.

According to a weekly report by Ole Hansen, head of commodity strategy at Saxo Bank, gold initially had a strong start to 2023. However, last Thursday's U.S. labour market report caused a temporal collapse in gold prices.

New Pacific Metals published the results of the Silver Sand project PEA. The project will be realized in Potosi Department, Bolivia.

Erste Group Research economists report a rise in gold prices due to negative real yields.

As the new year started, the gold price chalked up its gains. But still, Commerzbank strategists see a possibility of an upcoming decline in the precious metal market.

According to a statement from hedge fund manager Pierre Andurand, the price will increase above $140 per barrel this year. In his opinion, this is possible after the complete removal of COVID restrictions in Asia.

Norway plans to export around 122 billion cubic meters of natural gas in 2023. These figures correlate with the volumes in 2022, and the next 4–5 years such level will be maintained.

According to a representative of the British central bank Catherine Mann, the implementation of ceiling price for energy products as a counter-move to a price spike may provoke the growth of inflation in other fields.

Precious metals prices rose as the dollar weakened and U.S. bond yields dropped. Investors assessed the prospects for less aggressive interest rate hikes by the Fed after optimistic non-farm payrolls data had been released.

According to the reports, the price of WTI crude oil futures rose after falling 8% last week and currently are $75 per barrel.