- Analytics
- News and Tools
- Market News
- Significant upside for both oil and gas prices – Danske Bank
Significant upside for both oil and gas prices – Danske Bank
Russia has launched a full attack on Ukraine. Commodity markets reacted swiftly to the developments. Strategists at Danske Bank see clear upside risks to oil and gas prices.
Upside potential for some metal and wheat prices
“The market price a premium on broad commodity space due the risk that Russia will hit by sanctions which will affect its exports.”
“European natural gas prices spike back towards recent highs and Brent jumps above $100/bbl mark.”
“Wheat and aluminium prices have increased sharply today. We see the gas prices could surge to above EUR200 MWH if harsh sanctions are imposed on Russia.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
