Ukrainian Globalist

China surpassed the U.S. consumption of energy and became its largest customer, notes the report of the International Energy Agency (IEA). One of the key factors in this process was a huge population of China, which is four times the U.S. population, as well as the growing popularity of consumer goods among the Chinese.

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Earn on investments in the commodity markets is not so simple. In the markets of major commodities – oil, grain, gold – tone is set by professionals who make a myriad unskilled investors. In exotic commodities with potential for growth – for example, such as indium or rhodium, – to invest heavily: no stock futures, it is difficult to invest in the product physically, no companies involved mainly those metals.

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Oil prices start to rise after the next threat of defaults in Europe. In addition, higher oil prices trigger a fall in U.S. stock market. Analysts International Energy Agency (IEA), a positive trend for oil will begin closer to fall. Such information was announced by the analysts of IEA in the last report of the company.

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Strong dollar saves OPEC from large losses in exports of oil, putting into question the willingness of OPEC to defend a certain price. This month, oil futures have fallen in price on American sites by 26%. 18-month intraday maximum of $ 87.15 per barrel on Thursday replaced a minimum of $ 64.24 per barrel. This is the lowest point since July 30. On Thursday, crude oil price set at $ 68.01 a barrel on the background of large stocks of raw materials, problems in Europe and the stock market crash.

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One of the top-level economists of the International energy agency considers that there will be excess natural gas in its market very soon due to demand reducing while recession and gas production growing in the USA. The result of excess natural gas will be price-cutting and weakening of Russian grip to Europe which nowadays depends on the Russian gas supplies.

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