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Analysts consider that silver is going to be increasing throughout the current year.

Bank of America analysts believe that not only gold but silver will rise this year. According to forecasts, the price of the precious metal may increase to the level of $25 per ounce.

The latest forecast from the U.S. Energy Information Administration (EIA) outlined that petrol and diesel prices will decline this couple of years.

DoubleLine Capital CEO Jeffrey Gundlach believes that now is a good time to buy and hold gold. Gundlach’s outlook for this asset has become more optimistic, with gold exceeding the level of $1,800 per ounce.

Morgan Stanley put forward a forecast about possible tension in the oil market during the third and fourth quarters of 2023. Such situation will be facilitated by recovery of demand after opening of borders in China.

After the publication of data concerning the stockpiling of natural gas, its price decreased by almost 3% and then stopped near $3.5. The U.S. authorities reported the rare daily increase in fuel reserves.

Goldman Sachs analysts provided a report with their suggestions about the Organization of the Petroleum Exporting Countries (OPEC) actions in 2023.

Freeport has reported the cancellation of at least two gas shipments that were scheduled to leave Texas in late January and early February. The facility is scheduled to resume operations in the second half of this month.

Standard Chartered analysts suppose that oil prices have a short-term potential for growth now. They will be $5-10 per barrel and increase in the second half-year.

On Thursday, a new bill to prohibit exporting oil from the U.S. Strategic Petroleum Reserve to China was passed by the U.S. House of Representatives.