An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
Other news
Categories
Public shale drillers in U.S. displace private companies
Shale drilling in the United States is now being expanded by publicly traded companies such as Occidental Petroleum Corp. and EOG Resources Inc. The mentioned oil producers started to crowd out private entities.
12 January 2023
Gold rises in price on expectations of a slowdown in the Fed’s rate hikes
The U.S. Federal Reserve (Fed) is expected to slow down raising interest rates amid a decline in inflation. Regarding this, gold begins to rise in price, becoming more and more appealing for investors.
12 January 2023
Gold will reach new local highs in 2023, says Peter Grandich
Ace investor Peter Grandich supposes that soon, the majority of markets will weaken. However, some assets are underestimated. These are gold and silver.
12 January 2023
Oil stabilizes following five days of growth
In anticipation of new data on U.S. inflation, oil is stabilizing after five successive days of growth. There’s also an increase in crude oil purchases registered in China on the eve of the Lunar New Year holidays.
12 January 2023
Precious metals forecast for 2023 by MKS PAMP GROUP
MKS PAMP has posted a price forecast for platinum, silver, gold and palladium. The annual report includes possible average prices as well as minimal and maximal levels for the precious metals.
11 January 2023
Kazakhstan announced volume of crude to be delivered to Germany via Druzhba pipeline
Minister of Energy of the Republic of Kazakhstan Bolat Akchulakov said that the first January oil shipment plan from Kazakhstan to Germany via the Druzhba pipeline may include sending 20,000 tons. Overall, Kazakhstan may deliver 1.5 million tons of crude in 2023.
11 January 2023
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
