September 3 2022 🕓 2 min
G7 agrees to cap Russian oil prices
G7 finance ministers and central bank governors agree to impose a price ceiling on Russian oil and petroleum products.
Tag: commodity
Audio article 
September 2 2022 🕓 2 min
Gold looked under $1700 level
Determination in the fight against inflation confirms the hawkishness of the monetary policy. Gold reacted negatively and tested a level of $1700.
August 31 2022 🕓 3 min
Electricity prices on the German stock exchange fall
The price of electricity on the German stock exchange is falling amid signs that the EU is stepping up efforts to ease the energy crisis.
August 28 2022 🕓 2 min
Germany fills gas storage tanks above the plan
It is more than 82% full. This gives hope to German industry and households that there might not be an acute gas shortage in winter.
August 26 2022 🕓 3 min
Europe’s fertilizer situation is worsening
Fertilizer production is heavily dependent on gas. It is now scarce and expensive, so the situation for fertilizer production is worsening.
August 26 2022 🕓 2 min
Japan returns to nuclear power
Japan has turned away from nuclear power after the Fukushima nuclear power plant disaster. But now it is returning to it again.
Audio article August 24 2022 🕓 2 min
USA has become the largest exporter of LNG
This was helped by record supplies to Europe and Asia due to energy shortages. But the biggest problem is pipeline capacity.
August 20 2022 🕓 2 min
Gazprom will shut down Nord Stream 1 again
This time the main pipeline will be closed for 3 days. This is another inconvenience for the whole of Europe, especially Germany.
August 19 2022 🕓 2 min
Germany to cut VAT on natural gas from 19% to 7%
The reason for this move is that the German government wants to help consumers at a time when energy is hitting its highs.
August 16 2022 🕓 2 min
BHP achieved record free cash flow of $24.3 billion
Australian mining company BHP Group experienced strong profit growth at almost all levels in the past financial year.
August 15 2022 🕓 2 min
Saudi Aramco increased year-on-year profit by 90%
Like other oil companies, Aramco benefits from higher oil prices and refinery margins. Demand for oil is expected to continue to grow.
August 14 2022 🕓 2 min
Spain plans new gas pipeline link with France
This new link could be operational as early as next spring. It depends on how they reach an agreement with France and other countries.