Tag: commodity

Russia reduces the volume of gas sent to Germany
NG
0.27%

Russia reduces the volume of gas sent to Germany

Gazprom has reduced the maximum volume of Nord Stream 1 pipeline deliveries to Germany to 67 million cubic meters per day.
Ukraine confirms agreement to take gas from Canada
NG
0.27%

Ukraine confirms agreement to take gas from Canada

Ukraine's state-owned energy company has agreed with Canada's Symbio to buy LNG and LH2 in an effort to diversify its energy sources.
Argentina wants to impose a special tax on its industry
WTIOIL
-2.02%

Argentina wants to impose a special tax on its industry

The aim will be to impose a tax on large companies that have high margins. The oil and gas industry could be hit.
Huge quantities of grain cannot get out of Ukraine
WHEAT
-1.15%

Huge quantities of grain cannot get out of Ukraine

Nearly 20 million tonnes of grain are waiting to be exported from Ukraine. Russian naval forces and mines stand in the way.
India could allow exports of stranded wheat
WHEAT
-1.15%

India could allow exports of stranded wheat

India, after its ban on wheat exports, has about 1.7 million tonnes of this commodity stranded at its ports. It could now give traders permission to export.
Gold accumulates volume before big macro data
XAU
0.48%

Gold accumulates volume before big macro data

Gold's side move shows the significant accumulation of volume before inflation data at the end of the week.
Saudi Arabia has increased oil prices again
WTIOIL
-2.02%

Saudi Arabia has increased oil prices again

Oil prices reached $120 a barrel after Saudi Arabia raised oil prices for July. At the same time, there will be an increase in production.
UK approves huge gas drilling project
NG
0.27%

UK approves huge gas drilling project

British officials have given final approval for Shell's Jackdaw gas field development in one of the largest North Sea projects in decades.

G-7 countries take steps towards cleaner energy

The top environment ministers of the G-7 countries have agreed to end government funding for international coal-fired power generation.
Indonesia resumes palm oil exports
CPO
-4.07%

Indonesia resumes palm oil exports

Indonesia has allowed palm oil exports to resume from Monday after a three-week ban, but it will be subject to major conditions.
Oil gains fifth month in a row despite China´s Covid surge
WTIOIL
-2.02%

Oil gains fifth month in a row despite China´s Covid surge

Crude oil gains fifth month in a row. Yet, uncertainties like Covid surge in China and war in Ukraine cause volatility 17,5% this month.
Gold erased previous week’s gains
XAU
0.48%

Gold erased previous week’s gains

This week, gold erased gains from previous week's rally. It's volatility represents -3,24%, and it is not the end of the day yet.