Tag: commodity

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.
Is WTI Crude oil going to plunge again?
WTIOIL
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Is WTI Crude oil going to plunge again?

WTI Crude oil is in a somewhat similar position to when it cost about $120 at the beginning of the year, implying another selloff may come soon.

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?

Is Europe facing a 30% drop in gas prices?

Goldman Sachs expects to see gas prices in Europe fall by up to 30% in the coming months. Is this realistic?

Why are soybean and wheat prices rising?

In recent days, we have seen prices of foods such as soybeans and wheat rise. Why is this and what is the condition of the market?

How is the strong dollar affecting gold purchases in India?

Indians are breaking records in the amount of privately owned gold now, but the strong dollar is not helping.

Glencore – What do its results tell us about the market?

Glencore is one of the largest metals mining companies in the world. Its global operations can give us a good insight into the market.

The world is hit by the first truly global energy crisis

This sentence was stated by the Executive Director of the International Energy Agency (IEA). Is this really the case?