According to the heads of oil refineries, Indian refineries may increase their purchases of Russian oil if the price per barrel remains attractive. Such a prospect would provide Russia with a large sales market.

According to Kayrros analysts, jet fuel demand is growing rapidly in defiance of seasonal trends.

Warm weather and enough reserves in Europe are supporting the easing of the energy crisis. As a result, a decline in gas prices was observed.

Get ready for gas prices to rise again in the upcoming spring. According to GasBuddy oil analyst Patrick DeHaan, the cost per gallon of fuel could exceed $4.

U.S. crude oil inventories have risen by more than 0.5 million barrels over the past week, reaching 448.5 million barrels. The increase was due to a fall in fuel demand.

Economic factors haven’t supported the prices above $100 per barrel yet, but it is possible to maintain the level of trade above $90 per barrel for a long time.

Gold is again in demand among traders and investors who have found new perspectives as rate hikes are gradually suspending, while bond yields are reducing and the dollar is weakening.

Head of Commodity Strategy in Danish Saxo Bank Ole Hansen recently said that if the gold exceeds $2075 per ounce, it may hit the historical high in 2023.

Biggest exporter of Australia stated that the recovery of the Chinese economy may limit the natural gas market this year.

The American Petroleum Institute (API) reported a 3.378-million-barrel increase in crude oil inventories for the last week in the U.S. Earlier consecutive reserve increases of 7.615 million and 14.865 million barrels had been recorded.