News

Global energy consumption will exceed pre-corona levels in 2021

• 28 June, 2022
• 4:08 pm EEST

Global energy consumption increased by 5.8% over the past year (2021), to exceed pre-corona epidemic levels, with the recovery of economic activity. The annual statistical review issued by the British oil company BP, which was seen by the Energy Research…

Continue Reading

On rising output, US natgas futures fell 2% to a new 11-week low.

• 27 June, 2022
• 5:40 pm EEST

On rising output, US natgas futures fell 2% to a new 11-week low. On Monday, U.S. natural gas futures fell about 2% to an 11-week low on rising output and lower demand expectations for the next two weeks, owing in…

Continue Reading

Gold prices rise amid moves to ban Russian exports

• 27 June, 2022
• 2:24 pm EEST

Gold prices rose more than 9 dollars, during trading today, Monday, June 27, 2022; News of some Western countries' plans to formally ban imports of the metal from Russia due to its invasion of Ukraine sparked interest in the precious…

Continue Reading

Oil prices rise 4%, and Brent crude is above $113

• 24 June, 2022
• 6:11 pm EEST

Oil Prices Rise 4%, And Brent Crude Is Above $113 Oil prices rose about 4% on Friday, June 24, supported by a supply shortage, although crude is heading for a second weekly decline amid concerns that higher interest rates could…

Continue Reading

Gold prices rise marginally and are heading for weekly losses

• 24 June, 2022
• 3:47 pm EEST

Gold prices marginally increased, during trading today, Friday, June 24, 2022, but it is on its way to achieving the second consecutive weekly decline. This comes with fears that major central banks will implement significant increases in interest rates to…

Continue Reading