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Three interest rate decisions – from the Fed, ECB, and Bank of England – will be in the spotlight this week. On Friday, US employment reports are bound to significantly increase volatility.
Today we will talk about the government's economic stimulus packages for clean energy in the US. We will look at the 2009 and 2022 laws and analyse their impact on the development of green energy in the country.
This week, the focus will be on the Bank of Canada rate hike and inflation statistics from Europe and Australia.
In this material, we will look at OPEC and its activities. We will look at the history of OPEC and how it was established. We will also try to analyse how it can influence world crude oil prices.