Tag: commodity

Nuclear and gas classified as green investments in Europe
NG
0.27%

Nuclear and gas classified as green investments in Europe

The EP supports the temporary inclusion of nuclear and gas as green investments. The aim is to support energies replacing oil and coal.
Norway strike could cut oil output by 15%
BRENTOIL
-1.32%

Norway strike could cut oil output by 15%

Workers on offshore oil and gas platforms have launched a strike, which the union says is expected to escalate over time.
Grain from the Ukrainian war zone will be exported
WHEAT
-1.15%

Grain from the Ukrainian war zone will be exported

In Ukraine's Zaporizhzhya region, which is partly under Russian control, an agreement has been reached to allow grain to be sold abroad.
German gas credit line may not be enough
NG
0.27%

German gas credit line may not be enough

Germany has provided 15 billion euros to buy gas for its reservoirs, but the head of Germany's energy authority warns that may not be enough.
India imposes windfall tax on oil firms
WTIOIL
-2.02%

India imposes windfall tax on oil firms

India has imposed a windfall tax on the country's oil producers and refiners who are exporting more due to high international prices.
OPEC+ will not change oil production policy
WTIOIL
-2.02%

OPEC+ will not change oil production policy

The group agreed to continue with the same mining policy. It will increase production in August, but the next months are not yet decided.
Australia is experiencing an energy crisis
NG
0.27%

Australia is experiencing an energy crisis

Australia is a large global exporter. But now, thanks to electricity supply problems, the country is facing energy insecurity.

Supply and demand shocks in the food market

Record global food prices and the associated high consumer inflation is one of the most discussed topics of recent times.
Norway will increase gas supplies to the EU
NG
0.27%

Norway will increase gas supplies to the EU

Europe is looking for alternatives in an effort to wean itself off Russian gas. It has found one in Norway.

Joe Biden wants to suspend the gasoline tax

US President Joe Biden will today call on Congress to approve a three-month suspension of the federal gasoline tax.

China has significantly reduced exports of gasoline

According to Chinese customs data, May gasoline exports fell by 45.5%. This is a year-on-year drop of almost 93%.
OPEC+ falls short of its oil production target
WTIOIL
-2.02%

OPEC+ falls short of its oil production target

The OPEC+ group fell short of its overall oil production target by 2.695 million barrels per day (bpd) in May.