Oil tanker rates doubled in the last week
Tanker demand and freight rates are usually a reliable metric of oil demand patterns and trends. They are also among the factors that taken together might suggest what the future […]
Commodities
Oil price: US is the key player in the first months
Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela. But soaring U.S. production […]
Gold price: 2019 will be a bullish year?
The results of the survey by the London Bullion Market Association of analysts’ predictions for the gold price in 2019 is another example of just how unpredictable financial markets have […]
Oil market will change in the next months
Crude oil may slide in the coming months as energy agencies continue to forecast a crude market swamped with supply at a time when demand has wavered. The International Energy […]
Venezuela’oil output could fall in next months
Venezuela’s oil industry has been in a tailspin in recent years, with the country’s crude oil production falling from 2.4 million barrels per day (bpd) in 2015 to only 1.34 […]
Russia has cheapest gas price in Europe, report says
Gasoline prices in Russia are the cheapest in Europe, a report by state news agency RIA Novosti showed on Monday. RIA Rating collected and ranked the price of gasoline and […]
Last year Central Banks bought most gold since 1971
In a sign that central banks across the globe could be seeing gold as the new dollar, their purchases of the metal amounted to a staggering 15 per cent of […]
Oil price climbs after US sanctions on Venezuela
Oil prices crept up on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA in a step set to severely curb the OPEC member’s crude exports to the […]