No change of the indicator value may reduce the volatility of the related markets.
19 March
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Gold price fluctuates near $1,910 in anticipation of this week’s new economic data
Gold approached the level of $1,910 ahead of releasing updated readings of certain important economic indicators. Market participants expect these indicators to give them clues, and special attention will be drawn to any signs of recession coming.
17 January 2023
Fears of a recession put pressure on oil, OPEC report is in focus
Oil prices remain stable in anticipation of economic data release this week. Markets intend to assess the potential of a recession before taking any actions.
17 January 2023
Oil’s growth is slowing down at the start of the week
After a notable growth of more than 8% last week, a decline in WTI oil to the level of $79 was registered on Monday.
16 January 2023
Analysts wonder if oil will reach $100 per barrel in 2023
Analyst at Macquarie Group Vikas Dwivedi believes that oil will not reach $100 per barrel in 2023. James Davis, the Head of Upstream Oil at FGE, also projects the price of oil below this level, around $72 per barrel.
16 January 2023
Petrochemicals market will face serious changes in February
From February 5, the G7 and European Union will impose a cap on Russian petrochemicals. The import of Russian fuel will also be restricted.
16 January 2023
Eni and Chevron discovered a new gas field on the Egyptian offshore
American energy corporation Chevron and Italian oil and gas major Eni said that they had discovered new gas deposits. It is located on the eastern part of the Mediterranean Sea at the Egyptian offshore zone.
16 January 2023
Qatar claims that gas prices will remain volatile for many years
Qatar's energy minister predicts strong fluctuations in gas markets over the next few years due to high demand and insufficient supply.
16 January 2023
U.S. government’s climate envoy said that natural gas could slow down global warming
U.S. Special Presidential Envoy for Climate John Kerry said that natural gas could play an important role in solving the problem of global warming.
16 January 2023
Iranian oil exports reached a maximum at the end of 2022
The last two months of 2022 showed a new high for Iranian oil exports.
16 January 2023
Gold continues to rise while waiting for this week's events
A number of important economic data and central bank meetings from all over the world are expected this week. Because of this, gold continues its rise on Monday.
16 January 2023
