Benchmark oil gains slightly on Wednesday morning after dropping to two-week lows the day before as the dollar strengthened ahead of a series of central bank meetings.
The cost of November futures for Brent crude on the London ICE Futures exchange by 8:13 CST on Wednesday is $90.84 per barrel, which is $0.22 (0.24%) higher than the closing price of the previous session. As a result of trading on Tuesday, these contracts fell by $1.38 (1.5%) to $90.62 per barrel.
The price of futures for WTI oil for November in electronic trading on the New York Mercantile Exchange (NYMEX) is $84.09 per barrel by this time, which is $0.15 (0.18%) higher than the final value of the previous session. By the close of the market the day before, the value of these contracts fell by $1.42 (1.7%) to $83.94 per barrel.
“A strong dollar, rising bond yields and concerns about demand amid a global economic slowdown are putting pressure on oil prices again,” said Michael Hewson, senior market analyst at CMC Markets UK. “The market is expecting rate hikes this week from the Fed, the Bank of England and Swiss National Bank”.
“Worry about the lack of supply does not provide the support for quotes, which could be expected, but it also means that we will not see a strong collapse either,” the expert added.
The Fed meeting will end on Wednesday evening, and analysts generally believe that as a result of it, the key interest rate in the United States will be increased by at least 75 basis points.
Meanwhile, data from the American Petroleum Institute (API) indicated that U.S. oil inventories rose 1 million barrels last week after rising 6 million barrels a week earlier. The official inventory report from the US Department of Energy will be released at 17:30 CST.
The 42nd US President Bill Clinton said that Ukraine will receive even more support.
“I don’t speak for the government, I don’t work there, but I can say on behalf of the United States and the whole world that you will receive even more support,” he said on Tuesday, answering a question from Ukrainian President Volodymyr Zelensky during the Global Clinton Initiative .
“People see your courage and your people. People understand that we cannot change democracy, freedom and independence. I believe that we will help and follow. You will turn to us for help, and we will be proud to help you,” he said.
We present to your attention a cozy hotel in the Carpathians – “Gorgany Hotel & SPA”. The hotel is located in a picturesque corner of the Ukrainian Mountains, just 8 km from the Bukovel ski resort, 30 km from the city of Yaremche, at an altitude of 1000 m above sea level in the village Apple tree The entrance is an asphalt road, 450 m from the track.
The unique beauty of mountain landscapes, intoxicating air, and high-speed skiing combined with the homely comfort of hotel rooms, delicious cuisine, and an incredible SPA will give you a feeling of fullness of life and an unforgettable vacation in the Carpathians!
About the Complex
The complex consists of several buildings: 2 six-story buildings, 2 wooden two-story cottages, a chalet, a conference hall, saunas, a tennis court, a mini-market, gazebos, barbecues, a restaurant with 80 seats.
Numbers:
Double comfort (10 rooms) – one-room room + balcony.
Three-bed comfort (7 rooms) – one-room suite. + Balcony.
Apartment (1 room) – two-room room, (kitchen, hallway) – 3 balconies and 1 terrace.
The standard is improved (20 rooms, 6 of which have separate beds).
Suite (3 rooms) — two-room room + balcony.
Two-level VIP Suite (1 room) – two-story two-room room.
Comfort suite (8 rooms) – a two-room suite. +Balcony.
Junior suite (20 rooms, 8 of which have separate beds) – one-room suite. + Balcony.
Chalet (1 room) – two-story wooden cottage (2 bedrooms with double beds and 1 bedroom with separate beds) + Living room with fireplace. + 3 balconies.
The hotel has 71 rooms of different categories, so there will be a place even for a very large company.
If you suddenly want to plunge into the world of traditions of Western Ukraine, then you definitely need to visit our koliba.
The unusual design, the atmosphere of an old Ukrainian house is recreated here as closely as possible, thanks to which the Koliba restaurant stands out against the background of other similar establishments.
It is also worth paying attention to special local dishes that you will not find in other areas. We are talking about Hutsul cuisine, in which Carpathian mushrooms, sauerkraut, banish with cheese and bograch occupy the leading positions.
In addition to dishes prepared by professional chefs, you can also enjoy those that you prepare yourself on the grill, which is located in gazebos throughout the complex.
A unique SPA center
Gorgany Hotel & Spa is one of the few hotels in the Carpathians that offers its guests relaxation with swimming pools with incredible views of the Carpathian mountains. Our pools always maintain a comfortable temperature and clean water. You can safely visit the pool with the whole family.
And for those who like to steam, there are various types of saunas, including a Roman steam room. There is also a real snow room, a waterfall of impressions, and, of course, a classic jacuzzi.
Visiting the SPA center is included in the price of accommodation!!!
Conference room
Are you looking for an interesting place to hold a meeting, seminar, round table, or training? We offer you to rent a conference hall in Gorgany, which can become not only an ideal place for training, seminars, conferences, and other events but also an excellent complex for an unforgettable vacation.
It has long been proven that any information is absorbed faster if it is presented with taste. And what could be tastier than fresh mountain air and a beautiful view from the window at any time of the year? Listeners who enjoy the conference, seminar, and training, remember more facts and your event will be successful.
Service for additional payment:
Sauna
A fireplace room, and a wood-burning sauna with a contrasting pool will renew you from the outside and the inside and will be a pleasant continuation of your vacation with friends after extreme skiing or an excursion in the Carpathian highlands.
Sheets and towels are included in the price.
Tanks (4-8 people with contrast pool and relaxation area)
Carpathian vats are huge cast-iron cauldrons filled with water and heated by a hearth to a temperature of 40-45 degrees.
For the “Carpathian jacuzzi” – only clean spring water is used, which greatly contributes to the general improvement of well-being, improves blood circulation, and immunity, has a therapeutic effect on the skin and joints, and regulates blood pressure.
It is especially worth visiting the vats in winter. You can just sit in the hot “cauldron” and enjoy the view of the snow-capped mountains, tasting the Carpathian tea with honey, which is included in the price.
Large tank (6-8 people) – UAH 1,800/2 hours.
Small tank (up to 4 people) – UAH 1,400/2 hours.
Service included in the price:
Parking.
Gazebos with barbecue.
Cable TV, Wi-Fi internet.
Use of an outdoor heated outdoor swimming pool (in summer).
SPA.
Daily cleaning of rooms, change of bed and towels – as needed.
Service for additional payment:
Service for additional payment:
Transportation services, including transfers to ski lifts in Bukovel.
Sports, entertainment:
Billiards.
Excursions, one-day hikes in the mountains with guides, riding horses, ATVs, and jeeps.
Ski equipment rental, instructors.
Volleyball court, tennis court.
Mobile coverage:
Kyivstar
MTS
Lifecell
Estimated hour:
Check-in is from 3:00 p.m.
Check-out is by 12:00.
Foreign languages:
UA, EN, PL.
Payments:
Cash
Payment by transfer is possible.
Contacts:
Ivano-Frankivsk region
Nadvirnyan district
with. Apple tree
village of Deal, 265.
Phone:
+38 (067) 160-61-19
+38 (067) 979-27-09
+38 (050) 205-63-33
E-mail: gorgany.book@ukr.net
We would like to inform you that there is an Electric Gas Station on the territory of the Hotel Gorgana.
You can view current photos of the hotel, rooms, and all services on our website: www.gorgany.ua
Gorgany Hotel & Spa will give our guests many pleasant memories and unique experiences from every day spent with us!
The production of beer in Ukraine (except for non-alcoholic beer with an alcohol content of up to 0.5%) in January-August 2022 decreased by 31.6% compared to the same period in 2021, to 83.9 million decalitres, according to Ukrpyvo.
At the same time, it is indicated that a gradual recovery in the industry is recorded after a 50% drop in the production of this drink in the first quarter due to the Russian invasion and the shutdown of some of the country’s breweries. Thus, according to the results of the first four months of this year, the fall was 42.8% compared to the same period last year, January-May – 36.4%, January-June – 32%, January-July and January-August – 31.6%.
According to Ukrpyvo, the restoration of malt production is recorded. So, after a fall in the first quarter of 2022 by 40.8% and a sharp reduction in June by 50.6%, already in January-August, the rate of decline in production decreased to 22.5% from January-August 2021. During this period, 108,380 tonnes of malt were produced.
As reported, in 2021 Ukraine produced 5% less beer compared to 2020 – 170.5 million decalitres, and in 2020 its production decreased by 0.4% compared to 2019 – to 179.7 million decalitres.
Oil prices almost do not change on Tuesday after the end of trading on the previous day with growth.
The cost of November futures for Brent crude on the London ICE Futures exchange by 8:30 am UTC is $92.08 per barrel, which is $0.08 (0.09%) higher than the closing price of the previous session. As a result of trading on Monday, these contracts rose by $0.65 (0.7%) to $92 per barrel.
The price of futures for WTI oil for October in the electronic trading of the New York Mercantile Exchange (NYMEX) fell by this time by $0.06 (0.07%), to $85.30 per barrel. By the close of the market on Monday, the value of these contracts increased by $0.6 to $85.36 per barrel.
The focus of traders this week is a number of meetings of the central banks in the world, including meetings of the Fed and the Bank of England. Fears related to the fact that the rapid tightening of monetary policy by the world’s central banks will lead to a recession in the global economy and a drop in oil demand are one of the key factors pushing down the oil market in recent months.
Meanwhile, a potential increase in supply in the market may also have a negative impact on oil prices. The administration of US President Joe Biden has announced that it will sell an additional 10 million barrels of oil from the strategic reserve, writes Bloomberg.
In addition, the UAE national oil company Adnoc announced measures to increase production to 5 million barrels of oil per day by 2025 from the current 3.4 million barrels per day.
Meanwhile, refineries in China have submitted bids to supply an additional 15 million tons of petroleum products as part of the export quota, which could increase the supply of fuel in the world.
British Prime Minister Liz Truss will announce during a trip to the United States this week that London intends to spend at least $2.6 billion to support Ukraine in 2023, the Financial Times reports.
On her first trip abroad as prime minister, Liz Truss will tell world leaders that Britain will spend same $2.6 billion in Ukraine next year as it did in 2022, or even more, the publication writes.
Truss is expected to speak at the UN General Assembly on Wednesday. The prime minister is also scheduled to hold talks with U.S. President Joe Biden and French President Emmanuel Macron.
Downing Street previously stated that the UK ranks second in the world in terms of military aid provided to Ukraine. In particular, the Financial Times reminds, London handed over hundreds of missiles, five air defense systems, 120 armored vehicles, tens of thousands of artillery shells to Kyiv. Also, since 2015, the British have trained 27,000 Ukrainian servicemen.
