No change of the indicator value may reduce the volatility of the related markets.
19 March
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Oil supplies from Russia may fall by 20%
Exports of Russia's main Urals crude oil from Baltic Sea ports may drop by 20% in December. This is related to the entry into force of marginal oil prices and the European Union embargo on supplies from Russia.
23 December 2022
Oil rises as volumes of Russian export are expected to fall
An increase of oil prices was registered on Friday due to expected decline in crude exports from the Baltic region of Russia in the current month. This fact mitigated concerns that transport fuel demand might stop growing because of an upcoming Arctic storm in the United States.
23 December 2022
Energy and Precious Metals Events for 12/23/22
On the agenda are data on oil platforms from Baker Hughes and speculative positions on oil and gas, gold and silver.
23 December 2022
Gold demand increased in 2022
Demand for gold remained relatively unaffected. According to the World Gold Council, the positive dynamics of demand was recorded among segments of jewellery, investment bars and coins. Demand for Central Bank securities also increased.
22 December 2022
Mild weather over Christmas and New Year's Eve in Europe will help reduce power grid stress
According to forecasts, most of Europe will experience relatively warm weather during the holidays. Thus, the risk of heavy snowfalls at Christmas will be lowered, and the European power grid’s stress will be mitigated.
22 December 2022
Oil prices hold steady after draw in US oil inventories and COVID surge were seen in China
Oil steadied after a three-day rally. Market watchers’ fears that short-term Chinese demand may decline amid a COVID-19 surge offset support from a draw in US oil inventories and a less strong dollar.
22 December 2022
Germany's pivot to Kazakh oil looks like a pipe dream
In a few days, Germany will stop importing oil from Russia. This creates pressure to look for alternatives. One option is to use Russia’s pipeline system to import oil from Kazakhstan.
22 December 2022
China’s streets more deserted than during lockdowns
The abrupt cancellation of the Covid Zero policy has caused a wave of disease across the country. Consequently, traffic in China's largest cities fell to its lowest level since the beginning of the year.
22 December 2022
Shale producers explain why they won’t increase drilling
The White House’s top energy advisor Amos Hochstein criticized shale drillers for their refusal to increase oil production. As it was stated by CEO of Pioneer Natural Resources Scott Sheffield, U.S. shale producers aren’t going to drill more.
22 December 2022
Cold weather isn’t expected to seriously affect oil and gas production in Texas
According to the weather forecast, Texas will experience this year’s coldest temperatures by the end of the week. At the same time, the change of weather is unlikely to impact oil and gas production and transportation.
22 December 2022
