About: lishitong
Recent Posts by lishitong
Fed Inflation Fears and Weak Demand Outlook Weigh on Crude
On Wednesday, 12 October (GMT+3), the US Energy Information Administration (EIA) released its Short-Term Energy Outlook (SETO). Forecasts for 2023 revealed an average global oil production of 100.7 million barrels a day – down 600,000 from September’s forecast and reflecting OPEC+’s announced cuts. Oil consumption for 2023 is forecasted to be 101 million b/d –Continue Reading
PU Prime Received The Fastest Growing Forex Broker APAC 2022
Straight from winning multiple prizes from various global organisations, PU Prime enters the fourth quarter with an award for Fastest Growing Forex Broker APAC 2022 from global finance publication World Business Outlook. World Business Outlook’s awards programme is made possible through a team of field experts and industry captains, who make up a think tankContinue Reading
Europe Has Almost Enough Gas for Winter, But IEA is Worrying About 2023
The International Energy Agency’s (IEA) executive director, Fatih Birol, has said that 90% of gas storage was full in Europe, and that bar surprises, Europe can get through the winter. 2023, however, remains in question because 2022 still saw some Russian gas being imported, as well as lower demand from China due to “sluggish economicContinue Reading
