Russia stockpiles gold

Russia stockpiles gold

Russian gold reserves are rising steadily, as the Bank of Russia has bought gold every month since March 2015.  The country is now ranked as the fifth-biggest sovereign holder of gold, even overtaking China: In January, Russia sat at 1,857 tons, with China reporting...
Towards a more stable oil market

Towards a more stable oil market

Paris-based International Energy Agency (IEA) released its monthly oil market report on Thursday. The report stated global supply and demand for crude oil will be balanced three out of the four quarters in 2018, assuming OPEC production and normal weather conditions...
The IEA’s world energy investment trends

The IEA’s world energy investment trends

The IEA recently released their World Energy Investment, giving a good overview of the trends that occurred in 2016. Here are a few of the stats that caught our eye: Energy investment worldwide accounted for 2.2% of global GDP with an investment of just over $1.7...