Oil Prices Rise on Tighter Supply and Chinese Stimulus, Amid Fed Meeting Anticipation
Oil prices climb to three-month highs as signs of tighter supply and Chinese stimulus offset uncertainty over the Federal Reserve meeting.
Russia
China’s Growing Influence in Russia’s Auto Industry
China’s carmakers are gaining significant traction in Russia’s auto market, capitalizing on the departure of Western players following sanctions and the Ukraine conflict.
Record-Breaking Seaborne Oil Exports from Russia
Russia’s seaborne oil exports have hit a record high, with shipments from Baltic, Black Sea and Pacific ports all increasing. Urals oil is being sold at a discount, creating a potential risk due to sanctions.
Central Bank of Russia Disposes of Yuan Worth $47 Million in January
Russia has sold the equivalent of almost $47 million of yuan in January to purchase roubles to compensate for budget shortfall created by decreased oil and gas revenues.
Why Platinum Will Become Scarce and Pricey: Examining Two Factors
Learn about the energy crisis in South Africa, the rising inflation, and the conflict in Ukraine that Nornickel is facing and how it will affect the value of Platinum.
Oil Prices Could Be Headed Upward According To Cramer: Examining The Ongoing Boom And Bust Cycle In Commodities
Explore the impact of inflation on the Federal Reserve and their decision to raise interest rates.
Exploring the Current State of the Oil Industry
The market is attempting to balance the potential decrease in demand and the supply shortages caused by the Russia-Ukraine conflict.
