An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
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It is time to invest in gold, says DoubleLine Capital CEO Jeffrey Gundlach
DoubleLine Capital CEO Jeffrey Gundlach believes that now is a good time to buy and hold gold. Gundlach’s outlook for this asset has become more optimistic, with gold exceeding the level of $1,800 per ounce.
13 January 2023
Morgan Stanley expects tight supply to support oil prices
Morgan Stanley put forward a forecast about possible tension in the oil market during the third and fourth quarters of 2023. Such situation will be facilitated by recovery of demand after opening of borders in China.
13 January 2023
Natural gas price halts decline driven by U.S. stockpiling data
After the publication of data concerning the stockpiling of natural gas, its price decreased by almost 3% and then stopped near $3.5. The U.S. authorities reported the rare daily increase in fuel reserves.
13 January 2023
How OPEC will act in 2023
Goldman Sachs analysts provided a report with their suggestions about the Organization of the Petroleum Exporting Countries (OPEC) actions in 2023.
13 January 2023
LNG shipments from Freeport plant postponed again
Freeport has reported the cancellation of at least two gas shipments that were scheduled to leave Texas in late January and early February. The facility is scheduled to resume operations in the second half of this month.
13 January 2023
Analysts note a short-term potential for growing oil prices
Standard Chartered analysts suppose that oil prices have a short-term potential for growth now. They will be $5-10 per barrel and increase in the second half-year.
13 January 2023
U.S. officials attempt to pass bill prohibiting selling reserve oil to China
On Thursday, a new bill to prohibit exporting oil from the U.S. Strategic Petroleum Reserve to China was passed by the U.S. House of Representatives.
13 January 2023
Oil rises amid U.S. lower inflation and signs of China’s demand growth
Against the background of U.S. lower inflation, expectations of a less aggressive interest rate hike by the Fed began to rise. Also, there have been signs of sustainable growth in China’s demand for oil. Altogether, these factors had an impact on prices, which gained 4% over the past week.
13 January 2023
Oil demand in China to hit record levels this year
As shown in a survey of consultants conducted by Bloomberg, an increase in Chinese oil demand to the level of 800,000 barrels per day is expected to happen over this year. Thus, oil consumption is also suggested to rise and reach a record level of 16 million barrels per day.
13 January 2023
Gold will continue to grow due to decreasing inflation in the U.S.
On Friday, the growth of gold prices was observed. It will last four weeks in a row as the data on consumer inflation in the US showed a weakening of price pressure.
13 January 2023
