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European gas prices hit record lows since June 14. The decline in price is linked to heavily increased volumes of LNG imports and larger than usual inventories, with both factors reducing concerns over supply.

Gold prices are steady ahead of key US economic growth and inflation data, which are to be released this week.

Despite the agreed sanctions, the European Union (EU) has allowed Slovakia to export oil products from Russian fuel. This was reported this Wednesday by the Reuters news agency, referring to Karel Hirman, Slovakia's Economy Minister.

The Office of Foreign Assets Control (an agency within the US Department of the Treasury) published on its site the clarification concerning the shipments from RF.

According to the Cabinet Office's December economic report, Japan is going to keep a close eye on the factors such as the spread of COVID-19 in China, economic downturn risks, sharp price increases and supply issues.

After several sell-offs that devastated the natural gas market, bulls got a little respite. It’s related to the official arrival of winter and cold. The ambiguity of these forecasts doesn’t allow determining whether an uptrend will take place immediately or not.

A week ago, Kazakhstan and Germany had oil supply negotiations. As a result of a successful talk of Vice Chancellor of Germany Robert Habeck and Kazakhstan's Minister of Energy, the two countries have reached an agreement, which is oil supply from Kazakhstan to Germany via the Druzhba pipeline.

The rise in oil prices continues for the fourth day in a row amid tightening stocks of U.S. crude, heating oil and jet fuel in the United States. On Wednesday, Brent and WTI crude oil jumped due to a significant decline in US crude oil inventories.

Crude oil reserves dropped more than three times the level seen last week, as the Energy Information Administration (EIA) said on Wednesday.

After the worst three-day drop in 10 months, natural gas futures in the U.S. are stabilizing.