It is expected that oil traders with lethargy will focus on a major energy conference in London this week in search of indicators on market movements. At the same time, the flow of gold to the United States continues, as the market offers opportunities for speculation. Regarding the liquid natural gas prices in Europe, signs of decline appear in the decline in fear of supplies. Below we review 5 important graphs showing the most important developments that must be taken into account in the global commodity markets at the beginning of the trading week, as follows: Oil that the oil traders meet in London during the ‘International Energy Week’ in light of a market in a state of unusual stagnation. The series of political and commercial changes made by US President Donald Trump, in addition to the uncertainty surrounding the conflicts in Ukraine and the Middle East, has led to the maintenance of the trading of future rough contracts within the scope of the current month, while the scope of fluctuations has since dropped the last level. Read more: Has the oil market lost its sensitivity to Trump? The leaders of the sector are expected to discuss the expected decision of the “OPEC+” coalition regarding the stop of reproduction, in addition to any other factors that the market can move from the state of inactivity it lives. The energy sector stares at the company “Elliott Investment Management”, one of the most prominent investment institutions that are active around the world, after the latter acquired a major stake in the oil company suffering from problems. Elliott asks for radical changes that include significant costs, selling some assets and leaving the renewable energy sector. Read more: “BP” removes thousands of jobs to reduce costs after months of guard, is expected to announce the CEO, Murray, his new strategy tomorrow, Wednesday, a strategy that promises it to “radically restructure the company.” The atom is scheduled to offer the annual expectations of the US Department of Agriculture. The first large -scale estimate of cultivated spaces in the United States of crops such as wheat, soybeans, wheat and cotton. Read more: The US Department of Agriculture warns about the lack of grain supply next season. The agricultural bank “Cobank” expects the cultivated areas of the atom to reach its highest level in five years. The wheat is the most important crop in the United States, the largest producer and grain source in the world. Gold has raised the prices of gold bars in the United States to the levels of international standards in recent months, amid the fear that US President Donald Trump will include the precious metal in the procedures for imposing wide customs duties. Read more: Gold prices have settled near record levels with the great demand, although many of the market participants do not expect to lay gold because of its cash situation, but the big price difference asks for traders and investors to send gold to the United States to take advantage of the price proposal. This has led to a significant increase in alloys in the ‘Comx’ stock exchanges, as the share has increased by more than 20 million ounces since the US election. LNG expectations that high gas prices in Europe and Asia will be a degree of decline thanks to US exports, as the United States of America is the largest liquid natural gas supplier to those markets, which offers some stability. Read more: The increase in US LNG export ensures buyers in Europe and Asia. US gas flow to export stations is record levels, an increase of almost 20% compared to last year. In addition to high exports, moderate temperatures, about the possibility of ending the war in Ukraine, and discussions in the European Union on more flexible storage goals, the fears associated with supplies.
Most important of these is oil and gold .. 5 commodities on the radar of the market this week
