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15 July
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Russia to cut gas production by 18-20% in 2022
Deputy Prime Minister Alexander Novak said that Russia would slash gas production by 18-20% to 671 billion cubic meters by the end of the year. It would supply 470 billion cubic meters to the domestic market.
23 December 2022
US gas production drops amid winter storm
Natural gas production in the United States is expected to sharply decline in comparison with figures from the winter 2021. This is due to the fact that freezing weather in main production regions led to well closures.
23 December 2022
Japan inflation accelerates, fueling expectations of BoJ tightening
Japan's key inflation gauge growth rate has significantly increased. It is equal to the one that was recorded in 1981. Thus, speculation about further change in the Bank of Japan's (BoJ) monetary policy continues to appear actively.
23 December 2022
Investors sold off gold-focused funds at a record high in 2022
Nick Barisheff, CEO of BMG Group, said in a recent interview that 2022 has been the worst year ever for liquidating gold-focused mutual funds. According to Investing News, even though BMG Group's precious metals investment funds are performing better than others, investors are pulling out.
23 December 2022
Winter storm in US may disrupt LNG Exports
An Arctic blast surging across the US may complicate exports of liquefied natural gas (LNG) from the Gulf Coast, exacerbating turmoil in the energy system.
23 December 2022
There are good prospects for precious metals in 2023
The Morgan Report publisher David Morgan gave his forecasts for the upcoming year. As stated by the financial expert, he doesn’t consider investing in stocks or bonds in 2023.
23 December 2022
Texas power use is to break winter record
Texas is projected to need a record amount of electricity, which is unusual for this period, as temperatures descend to extremely low degrees for the state.
23 December 2022
Natural gas prices in Europe continue to fall amid moderate weather and abundant inventories
Natural gas prices in Europe keep sliding for the fifth day in a row. This is due to favorable temperature forecasts, along with sufficient fuel reserves in the region.
23 December 2022
Warm Christmas and New Year's Eve will ease the load on Europe's power system
Most of Europe is expected to experience warm weather during the holidays. This will reduce the load on the region's power systems.
23 December 2022
Gold trades slightly below $1,800 ahead of U.S. macro statistics
Gold trades around $1,795 per ounce. Traders intend to defend the first daily gains during sluggish trading on Friday. Gold-price fluctuations are primarily caused by expectations of the U.S. macro statistics.
23 December 2022
