Other Commodities
Best year for commodities since 2009
Every year around this time we update our popular Periodic Table of Returns on Commodities. I invite you to compare the returns of 2021 with those of previous years.
Nigeria loses major investors
2021 ended with the report that Nigeria ran a deficit of nearly 200 million barrels of crude oil in the first 11 months of the year, largely due to oil theft. But these experiences are all too common and not limited to Nigeria. Year after year we see huge oil …
Nord Stream 2 is ready
The Yamal-Europe pipeline, which normally delivers Russian gas to Western Europe, returned fuel to Poland for the ninth day in a row on Wednesday, according to data from the German network operator Gascade.
Energy prices rose 59% in 2021
According to a new report from the Energy Information Administration (EIA), energy prices were 59% higher at the end of 2021 than at the beginning of the year.
Gas and nuclear investments are green?
After years of fighting between governments over which investments are truly climate-friendly, the European Union has drawn up plans to classify some natural gas and nuclear energy projects as "green" investments.
EU natural gas prices fall again
A flotilla of US liquefied natural gas carriers on their way to Europe has brought relief to European gas consumers and has cut gas prices significantly. According to Bloomberg, quoted by the Russian broadcaster Sputnik, the number of LNG shipments from the …
Brent near $ 80
Oil prices leveled higher on Tuesday, with Brent crude closing near $ 80 a barrel despite the rapid spread of the Omicron coronavirus, aided by supply outages and expectations that U.S. inventories have plummeted last week .
Commodity prices climb faster than in previous recoveries
Commodities are rising rapidly as the world recovers from the Covid pandemic. But while the speed of this rally is unique, the real difference is that the gains do not spill over to other asset classes, particularly stocks and bonds.
Iran says war games in Gulf a warning to Israel
The war games Iran staged in the Gulf this week should be a warning to Israel, the country's top military commanders said on Friday amid concerns over possible Israeli plans to attack Iranian nuclear facilities.
U.S. to offer 18 million barrels of oil from emergency reserve
The US Department of Energy announced Friday that it will sell 18 million barrels of oil from its strategic petroleum reserve, with company offers to buy by Jan. 4, as part of a previously announced release designed to cool fuel prices.