Finance Minister Anton Siluanov said that Russia would only sell oil at market price to those countries that opposed the price cap.

As some analysts and investors expect in 2023, gold prices will rise again.

Since the EU imposed oil sanctions on Russian oil shipments by sea, their volume has decreased by 22%. Thus, the indicator fell to 2.5 barrels per day, based on the data from Kpler.

It is reported that Exxon Mobil Corp. is attempting to block the introduction of a new windfall tax against the oil industry. The company is suing the European Union.

Head of economic and policy research at JPMorgan Bruce Kasman wrote that the slowing GDP growth alleviates the problems with supplies and eases the price shock for commodities.

Economists at Danske Bank said that Brent crude oil would settle lower the following year. Oil prices may slide to $80 in the fourth quarter.

This year, gold prices have been under a serious pressure due to the strengthening U.S. dollar and monetary policy tightening by the Fed. According to ING economists, gold will manage to recover in the upcoming year as the Fed’s policy easing begins.

American company Next Decade Corp, engaged in LNG production, announced an increase in the supply of fuel under the sale and purchase agreement. This agreement was entered into with ENN Natural Gas Co. Ltd from China.

As the government of Germany believes, the country’s key refinery has good prospects to successfully continue operating even in conditions of banning Russian oil supply.

Economists at Commerzbank expect silver to cost $25 by the end of 2023.