No change of the indicator value may reduce the volatility of the related markets.
19 March
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G-7 intends to set two price caps on Russian oil products
The Group of Seven (G-7) intends to set two price caps on Russian oil products. The first one will be aimed at products that trade at a premium to the price of crude oil, and the second at those that trade at a discount.
11 January 2023
Goldman Sachs thinks that OPEC will limit the decrease in oil prices in 2023
On Tuesday, Goldman Sachs representatives said that OPEC's ability to control the prices without hitting demand might reduce the risk of a decrease in oil prices in 2023.
11 January 2023
Chevron sent first cargo of Venezuelan oil to US
According to Reuters, the first shipment of Venezuelan oil by Chevron Corp left a transshipment hub near Aruba for its refinery in Pascagoula, Mississippi.
11 January 2023
U.S. natural gas fell by 7% on fresh forecasts for warm weather
On Tuesday, the February gas contract fell on the New York Mercantile Exchange. The trading ended at $3.639 per metric million British thermal units, thus a decline by 7%, or 27 cents, was registered.
11 January 2023
Gold hovers near 8-month high on bets of weaker dollar
Gold is trading near an eight-month high on Wednesday as inventors expect the Fed to slow the pace of interest rate hikes and the greenback to further lose value. However, market participants are being cautious ahead of inflation data.
11 January 2023
Oil slips due to inventory growth in US
A decline in black gold prices is getting evident on Wednesday. That is driven by an unexpected increase in oil and fuel inventories in the U.S. In this regard, the latest data raises concerns about fuel demand. Thus, the price level reached on Tuesday is offset now.
11 January 2023
BlackRock warns that markets may underestimate the threat of high inflation
BlackRock analysts suppose that the U.S. stock market will have another unstable year because investors overlook the threat of increased interest rates and consistently high inflation.
11 January 2023
U.S. Interior Department entrusted Elizabeth Klein with overseeing offshore energy
It was reported that the U.S. Interior Department appointed Elizabeth Klein as head of the Bureau of Ocean Energy Management.
11 January 2023
U.S. power consumption will decline in 2023 due to the weakening of economic activity
In the Short-Term Energy Outlook for January, the U.S. Energy Information Administration (EIA) stated a decrease in power consumption in 2023. This outlook is driven by weak economic activity and mild weather conditions.
11 January 2023
In 2023, investors bet on gold and silver
The survey of foreign investors and analysts showed that the trend for rising costs of precious metals, which started at the end of 2023, will remain in the new year.
11 January 2023
