Commodities10 minutes ago (Feb 12, 2022 10:10AM ET)
(C) Reuters. FILE PHOTO: A man poses with a gasoline pump at a Budapest petrol station January 19, 2011. REUTERS/Bernadett Szabo
BUDAPEST (Reuters) – Hungary’s government has decided to extend a cap on fuel prices for another three months beyond its expiry due on Tuesday, Prime Minister Viktor Orban said in his annual state of the nation speech on Saturday.
“The price cap has worked, therefore we are extending this for another three months,” Orban said. That means a rule capping retail fuel prices at 480 forints ($1.53) per litre will be in place until May 15, after a parliamentary election due on April 3.
($1 = 313.9900 forints)
Hungary to extend fuel price cap beyond April 3 vote, Orban says
By Arathy Somasekhar (Reuters) – Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer,…
By Barani Krishnan
Investing.com – The last time gold got above $1,860 was three months ago, and the last time it rose 2% in a day was six months ago — long enough for longs in the…
(Updates with settlement prices)
By Barani Krishnan
Investing.com – Oil prices spiked Friday, with Brent hitting $95 a barrel and U.S. crude almost matching that on White House…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
(C) 2007-2022 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.