The Magazine for Asian Investors
The recent rise in oil prices is also due to the EU Commission’s proposal to impose an embargo on Russian crude oil and refined products, following the example of the US. It also wants to give EU member states that…
As reported by the International Energy Agency in its April 2022 Oil Market Report, oil production by OPEC countries increased by only 40,000 barrels per day in March, well below the 400,000 barrels per day promised. This is also far…
France’s Total Energy has leased a tanker that will transport crude oil from the United Arab Emirates (UAE) to Europe in early May. This is the first crude oil shipment from the UAE to Europe in two years, after Italy…
Federal Reserve (Fed) Chairman Jerome Powell reiterated the Fed’s position on interest rates in his speech at an IMF-sponsored seminar Thursday (April 21, 2022). The Fed sees inflation running away and wants to use its tools to stop it. “Getting inflation back…
These are certainly special times we are experiencing at the moment, from the virus pandemic, new all-time highs in the stock markets, commodity boom to the war in Ukraine. Investors are certainly thinking about how best to position themselves in…
The Association of European Automobile Manufacturers (ACEA) announced today that new car registrations in Europe fell for the ninth consecutive month in March as supply chain problems intensified and the war between Ukraine and Russia weighed on the European auto…
In recent weeks, a number of measures have been taken to bring oil prices down again and counter rising inflation. The International Energy Agency (IEA) and its member states have agreed to once again release strategic oil reserves onto the…
The price of natural gas (Henry Hub) has risen to over $7, a price last recorded in 2008. Year on year, the price has already risen by over 92% and currently stands at $7,189. Russia, which is currently facing heavy…
The ECB published its interest rate decision today and unsurprisingly left interest rates at 0.00%. The decision could not offer any surprise, as analysts had already anticipated the rest of the current monetary policy. The deposit facility rate remains at…
Oil Crude oil prices have been volatile this year, which is probably also due to speculation, as the price moves with almost any news related to Ukraine or Russia. However, the trend in oil prices remains upward, even though the…
