Tag: commodities

Gold, wheat, corn and many others are commodities that are crucial in our world. Our team closely watches this financial category and always brings the best analysis to our readers.

Belarus wants to increase oil transit fee by 39%

Expecting less oil to be transported through its territory, Belarus is demanding an increase in the fee. Ukraine wants to react similarly.

Does Europe have more oil than it needs?

It is possible that we have reached a point where European refineries now have more oil than they need. This is due to fear of shortages.
Are metals ready to extend their rally?
XAU
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Are metals ready to extend their rally?

Gold, silver, and platinum failed to move higher after significant price increases. These metals are now at a crucial spot.

UK raises windfall tax on energy companies to 35%

Windfall tax is being introduced in a large number of states. The UK was one of the first and is now increasing its tax.

Germany’s gas reservoirs are 100% full

Germany managed to fill its gas storage tanks to 100% before winter and continues to fill, how is that possible?

Poland and Germany nationalize Gazprom’s domestic assets

Both European countries will nationalize Russian Gazprom's assets on their territory. Is this a step towards better security?

Kazakhstan – a new export route for oil in 2023?

Kazakhstan is making great efforts to find export routes for its oil that bypass Russia. Will it be able to do this as early as 2023?

The EU will need up to €500 billion for its nuclear energy

Nuclear energy is a big topic in Europe. However, large investments will be needed just to maintain existing capacities.

India increases oil imports from Iran and Russia

India is trying to diversify its oil suppliers more. The country is looking for cheap suppliers and doesn't care who they are.

India approves export of 6 million tonnes of sugar

India is the world's largest producer and second largest exporter of sugar. This is why its export moves are important.

South Africa needs $84 billion for energy transformation

Rich countries want to help this most industrialised country reduce emissions. But it will cost much more than was planned.

Greece imposes windfall tax on energy firms

Greece is another country that has decided to impose taxes on the excessive profits of energy companies. What will they do with the money?