The Commodities Feed: Energy supply risks
Energy markets continue to move higher, buoyed by growing supply risks following disruptions to Russian refinery capacity
The Commodities Feed: Stronger US output growth in 2023
Your daily roundup of commodities news and ING views
OPEC+ surprises the market again
OPEC+ is making a habit of surprising the market these days, with the group deciding it would keep output levels largely unchanged for April. Only Russia…
There seems to be no stopping oil prices, with ICE Brent now trading comfortably above US$60/bbl. Clearly OPEC+ cuts are doing their job, while global…
OPEC+ knew they had to surprise the market, and that is what they did. Although the surprise was failing to come to a deal, rather than cutting more than…
The Commodities Feed: Further downside to oil
