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Montevideo, October 20th 2021 - 10:40 UTC

Stories for October 10th 2021

  • Sunday, October 10th 2021 - 19:41 UTC

    US will not release strategic reserve and Brent oil climbs to US$ 83 the barrel

    Goldman Sachs estimated that if the DoE released oil from the SPR, would likely be limited to just 60 million barrels. Goldman forecasts year end US$ 90 a barrel

    By Julianne Geiger for Oilprice.com - The Unite States Department of Energy is walking back previous comments that it was considering a release of the Strategic Petroleum Reserve and a ban on crude oil exports, Bloomberg’s Javier Blas reported on Twitter.

  • Sunday, October 10th 2021 - 19:30 UTC

    World food prices rose 1,2% in September and 32,8% year to year, FAO

    FAO Dairy Price Index increased 1.5% from August, as solid global import demand in Europe and Oceania drove up quotations for all dairy products

    World food commodity prices rose in September, led by tightening supply conditions and robust demand for staples such as wheat and palm oil, the Food and Agriculture Organization of the United Nations (FAO) reported. FAO's Food Price Index averaged 130.0 points in September, up 1.2% from August and 32.8% higher than in September 2020. The index tracks monthly changes in the international prices of commonly traded food commodities.