The rally for the price of corn, which reached a decade high, continues, as investors weigh the threat of supplies due to the war in Ukraine in relation to the possibilities to support demand from the US crop. Russia’s invasion of Ukraine has disrupted world grain trade by delaying flows from Ukrainian ports, and has […]
Tag: Goods
In 13 years high gas in the US
The price of natural gas in the US reaches a high of 13 years on Monday, as the huge demand “tests” the possibilities of producers to expand their activity in order to cover it. Gas SMEs, according to Bloomberg, rose 3.5%, reaching $ 7,558 per million heat units at 10 am Greek time, surpassing January […]
Third day rise for corn prices
The price of corn rose for a third day on the Chicago Board of Trade, with the commodity having bowed for its biggest rally since the start of the war in Ukraine, due to sluggish sales from the affected country and further risks to future supply . Corn futures are up almost 0.9%, approaching their […]
De-escalation in natural gas after the non-interruption of Russian flows to Europe
Gas prices in Europe are falling, as concerns are mounting that Russia would cut off supplies immediately, following Moscow’s announcements of a ruble payment obligation from “unfriendly countries” to import gas. The price in Europe fell by 2.9% on Friday, “extinguishing” its previous profits, after the Kremlin announced that the payments covered by the new […]
Nervousness in the gas market in the wake of the Putin decree
LAST UPDATE: 18:48 Nervousness prevails in the gas market in the wake of Russian President Vladimir Putin’s decree that buyers from “friendly” countries must pay in rubles for Russian gas from April 1 and their contracts will be terminated if they are not fulfilled. the payments. “In order to buy Russian gas, they have to […]
Canada: Oil and gas exports up 300,000 barrels this year
“Canada’s ability to increase oil and gas exports by up to 300,000 barrels per day by the end of this year to help improve global energy security from the turmoil caused by Russia’s invasion of Ukraine,” he said. Country Natural Resources, Jonathan Wilkinson. Canada is also considering ways to replace Russian gas with domestic liquefied […]
Gas soars after Putin’s statement on ruble payments
Russian President Vladimir Putin says Russia will start selling gas in rubles to “unfriendly countries” as the European Union promotes legislation. minimum levels of stored gas reserves. In particular, Vladimir Putin said that Russia intends to turn to the ruble in transactions for the sale of gas to “unfriendly”, adding that the government will instruct […]
New rise in oil prices – Slightly declining gas
LAST UPDATE: 12.44 Oil prices are rising as Ukrainian forces resist Russian attacks, while major oil producers have said they are finding it difficult to produce the quotas they have been given under a supply deal. Its prices brent strengthened 4.03% to $ 112.28 a barrel, after rising 1.2% last Friday. The American West Texas […]
Nickelio: It opened but … its trading in London stopped again – It is falling 5%
LAST UPDATE: 11.17 The nickel trading on the London Stock Exchange (LME) resumed on Wednesday morning, eight days after the closure of trading, with the price of the metal immediately falling by 5%, which allows the new limit set at trading , and the negotiation to be interrupted again, this time for “technical reasons” related […]
Wheat at a record high – At + 77% since the beginning of the year
Wheat futures are moving at unprecedented levels, reaching a record high, showing the significant disruption to global food flows caused by Russia’s invasion of Ukraine. The most active futures in Chicago have reached $ 13,635 the bushel to one, to a rise corresponding to 77% increase from the beginning of the year. The whole world […]