Hints and tips:
...Another big unknown factor is the extent to which new sources of oil will continue to influence prices....
...“It comes down to the winter we have, which is unknown at the moment,” he said, adding that there were still “significant tail risks” to Europe’s gas situation....
...Oil prices, which have weakened in recent days, rebounded slightly on Thursday, with Brent crude gaining 0.7 per cent to $78.26 a barrel....
...So, to some unknown and probably immeasurable degree, a $150bn-plus wealth transfer from fuel cost inflation has probably been recycled into 2023’s dreck dash....
...Amrita Sen, at consultancy Energy Aspects said there were “huge unknowns”. “It is prudent for Opec+ to hold steady rather than adding to the volatility.”...
...“There are a great many unknowns which could significantly alter Europe’s supply-demand balance,” said Natasha Fielding, head of European gas pricing at Argus Media....
...The cause of the crash is unknown but the authorities in Kyiv have launched an inquiry they said earlier today. 5....
...Arthur Richier, lead freight analyst at Vortexa, said it was a “big unknown” if the ships would actually discharge cargo in Europe, but added that he expected more diversions....
...Urals, Russia’s main export grade, was trading at $95 a barrel on Tuesday — just short of $30 cheaper than Brent....
...“There are a lot of unknowns ahead about [the Fed’s] quantitative tightening,” said Jeremy Gatto, cross-asset fund manager at Unigestion....
...Brent crude, the international oil benchmark, fell 2 per cent to $73.52 a barrel....
...Biden’s national security adviser Jake Sullivan travelled to the Middle East this week for talks with Saudi crown prince Mohammed bin Salman, although it is unknown if oil prices were on the agenda....
...Brent crude, the oil benchmark, added 0.4 per cent to $74.78 a barrel....
...“[What matters is] building a general resilience to the unknown challenges of the future,” he says....
...“The world is inside a dark tunnel, surrounded by big unknowns, and financial markets are facing a toxic mix of unpredictability, anxiety and uncertainty that is fuelling volatility....
...Among the recent research incorporated into this edition is new evidence as to who might have been Beethoven’s “Immortal Beloved”, the unknown woman to whom he poured out his heart in a deeply moving letter...
...Still, the great unknown for Amazon investors, said Jefferies analyst Brent Thill, is whether the boosted revenues from the pandemic will sustain throughout the next year and beyond....
...“The unknown has now made its way back to the forefront,” he said. “We are set up for a choppy summer.”...
...The figures also point to rising numbers of cases in parts of outer London, including Greenwich and Brent, as well as Dudley and Wolverhampton in the midlands....
...Perhaps a quarter of its revenue and an unknown amount of its brand equity is generated at theme parks where crowds are, or were, part of the fun....
...Futures on Brent crude, the international benchmark, were up 3.7 per cent at $35.94 a barrel while futures on West Texas Intermediate, the US marker, rose 5 per cent to $33.60 a barrel, the highest level...
...But for now the focus remains on the unknown impact of the coronavirus, with traders seemingly more eager to manage that risk....
...But there are other unknowns that can affect the price. Oil traders say they are worried about knock-on effects for airlines, for example....
...Historically, significant widening in the Brent-WTI spread has benefited ICE Brent volumes over CME....
...Consumption has to leap higher, oilfields need to be shut sooner or new unknown storage capacity needs to be found faster....
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