Weekend oil – Yellen says setting price caps on Russian refined oil products complicated
Yellen was speaking with media on her trip to Africa. Yellen said the the US Treasury estimates that the G7-led price cap on Russian crude oil and refined products to limit Russia’s revenues could save the 17 largest net oil-importing African countries $6 billion annually said two separate price caps on Russian refined petroleum products, […]
Weekend – BoE’s Mann says price caps on energy could be boosting other inflation
Bank of England Bank of England The Bank of England (BoE) functions as the United Kingdom’s central bank and is one of the key drivers of monetary policy in Europe. As one of the world’s oldest central banks and established in 1694, the BoE is owned by the British government. Its central mandate involves maintaining and targeting […]
Oil & Forex: Great USD Setups for the Upcoming Price Caps
Forex traders often focus on one of the three major sessions (Tokyo, London, and New York), rather than attempt to trade the markets 24 hours per day. Join the Analyst On Demand Trading Room, where Tian Kriek shares his pro strategies for trading the New York Session. In today’s issue, we talk about the oil […]