Other news

The European Union plans to implement a $100-per-barrel limit on Russian diesel fuel.

The tension between oil companies and Joe Biden increases again. A new round of animosity comes as companies have to report a collective profit near $200 billion.

Federal regulators approved the reopening of the Freeport LNG natural gas exporter plant in Texas.

The Twin Metals project is at risk due to the U.S. ban on mineral mining in northeast Minnesota. This restriction will last for 20 years.

According to the heads of oil refineries, Indian refineries may increase their purchases of Russian oil if the price per barrel remains attractive. Such a prospect would provide Russia with a large sales market.

On January 26, the focus is on natural gas reserves in the United States. On January 27, data on oil rigs from Baker Hughes and speculative positions on oil and gas, gold, silver, aluminum and copper are on the agenda.

According to Kayrros analysts, jet fuel demand is growing rapidly in defiance of seasonal trends.

The U.S. economy likely saved the high growth rates in the fourth quarter as the buyers increased the expenditures for goods.

China’s biggest brokerage Citic Securities forecasts a rise in gold to the highest levels this year. The price of the precious metal might exceed $2,000 per ounce.

Warm weather and enough reserves in Europe are supporting the easing of the energy crisis. As a result, a decline in gas prices was observed.