No change of the indicator value may reduce the volatility of the related markets.
19 March
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U.S. gasoline demand rises along with prices
According to GasBuddy data, average gasoline prices in the U.S. have risen for the second consecutive week. The price has increased by 8.2 cents compared to the previous week and currently is $3.25 per gallon.
10 January 2023
China's generous quota for crude imports boosted oil demand
China has significantly increased quotas for crude imports for 2023. The country seems set for an increase in Chinese refineries output and in oil demand after it abandoned its zero-Covid strategy.
10 January 2023
Venezuela oil exports fall despite Iranian aid
Venezuelan oil exports last year shrunk due to infrastructural disruptions. In addition, the U.S. sanctions and increased rivalry in the Asian market also adversely affected it.
10 January 2023
Gas in the U.S. grew by 5% after the 50% tumble over three weeks
On Monday, the growth of gas prices in the U.S. was more than 5%. It was an attempt to compensate for the 50% three-week loss.
10 January 2023
Inflation in Tokyo reaches 4%, indicating a stronger trend of rising prices
According to the Ministry of Internal Affairs and Communications data, an increase in consumer prices was recorded in Tokyo in December. The prices rose by 4%, except for fresh food.
10 January 2023
Kuwait will increase the supply of petroleum products to Europe by several times
Kuwait's plans to supply diesel fuel to Europe have changed significantly. According to the report, Kuwait intends to send five times more, which results in a total of 2.5 million tons (50,000 barrels per day).
10 January 2023
China ramps up purchases of Russian oil
China snapped up three cargoes of Arctic oil, which include the highly sulfurous Arco crude. According to traders, the importer may keep on increasing purchases of such crude, shifting from business with Middle Eastern countries and Iraq's Basrah Heavy crude in particular.
10 January 2023
Erste Group: negative real yields support gold
Erste Group Research economists report a rise in gold prices due to negative real yields.
10 January 2023
Commerzbank: in the short term, gold might go down
As the new year started, the gold price chalked up its gains. But still, Commerzbank strategists see a possibility of an upcoming decline in the precious metal market.
10 January 2023
Gold fluctuates near 7-month highs, awaiting clarity from Fed
Gold prices have settled near their 7-month highs ahead of a speech from U.S. Federal Reserve (Fed) Chair Jerome Powell.
10 January 2023
