June 28 2022 🕓 2 min
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.
Tag: russia
June 27 2022 🕓 2 min
G7 is ready to ban Russian gold
G7's plan to ban bullion import from Russia has probably smaller effect than expected. Resistance holds the price under 1840$.
June 27 2022 🕓 2 min
Russia is insolvent
Russia has the money to pay its debts, but the sanctions will not allow it to repay it. The Russian side called the situation a farce.
June 20 2022 🕓 3 min
Russia became China’s biggest oil supplier in May
The West doesn't want Russian oil, so exports are going east. Russia's oil imports to China rose 55% year-on-year in May, hitting a record.
June 17 2022 🕓 2 min
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.
June 15 2022 🕓 2 min
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.
June 11 2022 🕓 3 min
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.
June 10 2022 🕓 2 min
Russia’s central bank cuts interest rates to pre-war levels
Russia's central bank said that inflation and economic activity are developing better than expected, despite extensive Western sanctions.
June 6 2022 🕓 2 min
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.
June 3 2022 🕓 3 min
OPEC as the market mover
Oil price shows big volatility this week. OPEC is one of the main market movers in the commodity markets by boosting oil production.
June 1 2022 🕓 3 min
Netherlands and Denmark to stop taking gas from Russia
The Dutch gas company GasTerra will stop taking gas from the Russian gas company Gazprom. Supply interruptions are also expected in Denmark.
May 25 2022 🕓 2 min
Britain wants to help Ukraine with grain exports
Britain is looking for ways to help Ukraine with its grain exports, which cannot leave the country by the usual shipping route.