November 23 2022 🕓 3 min
Russian oil price cap talks send prices down
Oil trades lower as unofficial talks on Russian oil price cap move the market ahead of the G7 meeting on December 5th.
Tag: oil
November 23 2022 🕓 3 min
US markets closed on a positive note
Retailer results pull gains on Dow, Dollar eases off highs to shift trading towards more risky pairs. Fed may finally ease up on hikes.
November 22 2022 🕓 3 min
Oil rebounds after rumors shut by Saudi minister
Tuesday saw a rise in oil prices after top exporter Saudi Arabia indicated OPEC+ was continuing to ensure output cuts are without change.
November 22 2022 🕓 5 min
US markets in red as fear of China’s lockdowns rises
Dollar is seen as safe heaven amidst fear of China being locked down. Oil falls significantly with rumours and drama, indices follow.
November 21 2022 🕓 3 min
WTI oil continues last week’s trend on Monday
Oil has fallen by almost 5% since market open on Monday with prices trading at levels not seen since September.
November 13 2022 🕓 3 min
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?
November 9 2022 🕓 3 min
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.
November 8 2022 🕓 2 min
Saudi Arabia to allocate $2.5 billion towards ecology
Saudi Arabia is best known for its oil production and exports. Now it also wants to go the way of a greener country.
November 5 2022 🕓 3 min
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.
October 29 2022 🕓 4 min
Is gas really that expensive? A look into the energy crisis
The energy crisis caused a massive surge in the price of European natural gas, but this wild ride seems to be over.
October 2 2022 🕓 3 min
A closer look at commodity extraction by fracking
Fracking is a method of gas extraction that has made the US in particular profitable over the last decade. In contrast, many countries in Europe have banned it.
September 19 2022 🕓 2 min
China doubles its gasoline exports
China's gasoline exports rose nearly 100% year-on-year in August. Refineries took advantage of new export quotas.