After the Federal Reserve decided to raise interest rates to 0.50 percent yesterday, many central banks decided to raise interest rates in the same direction partly to maintain the financial stability of the country and part of the action to deal with rising inflation
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British interest rates soar in 13 years following BoE raises interest rates to 1 per cent
After the Federal Reserve decided to raise interest rates to 0.50 percent yesterday, many central banks decided to raise interest rates in the same direction partly to maintain the financial stability of the country and part of the action to deal with rising inflation
2. Russian oil production may decline this year If the European sanctions
Let’s look at the movement on the issue of preparations for a ban on oil from Russia from European countries. Recently, there is an opinion from experts that if the European Union (EU) decides to suspend oil imports from Russia according to the proposal of Ms. Ursula Von. Der Leyen, President of the European Commission This will result in a further 10 percent drop in Russian oil production by the end of the year. This will result in the global oil market losing as much as twice as much as it was already affected by the Russian invasion of Ukraine.
3. “OPEC Plus” seizes the original agreement. Maintain oil production in June
Still in the factors that affect the change in oil prices. with the meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies or OPEC Plus yesterday which at the end The meeting resolved to adhere to the original agreement to set the production policy for the coming months.
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