Rice

Oil Price

Charts Suggest Oil Prices may Peak Soon, Cramer Says

Oil may be near its peak if historical patterns hold true.

Nuclear Policy

Nine EU Partners Reject French-led Electricity Reforms

Nine EU states, including Germany, on Monday rejected a French-led bid to reform Europe's wholesale energy markets as prices soar.

Coal Mine

Australian Coal Producers Expect Strong Start to 2022

Australian coal mining firms are forecasting firm thermal coal prices into next year, with thermal coal producer TerraCom locking in sales from its 2.5mn t/yr B…

Coal Production

Energy Crisis Sends Western Balkans Back to Coal

Both Serbia and North Macedonia are raising coal power generation in response to the energy crisis that has seen electricity prices soar.

Oil & Gas Trade

Asian LNG Traders Snap up U.S. Shale Gas

Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where the fuel is among the cheapest in the world despite what’s turning int…

Oil Price

Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast

The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning …

OPEC

Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production

Saudi Oil Minister: OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices

Oil Price

Wall Street Projects a “Higher for Longer” Era for Oil Prices

Could the era of cheap oil supply be gone for good? That’s the conclusion of some of the biggest commodities desks on Wall Street, where banks have been liftin…

Natural Gas

Refiners Suffer From Record High Natural Gas Prices

Record natural gas prices in Europe and Asia are eroding oil refiner margins

Oil & Gas Trade

Middle East Oil Exporters To See Fast Economic Growth In 2022

The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…

Crude Oil

Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels

OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…

Crude Oil

IEA: Global Energy Crisis Could Boost Oil Demand by 500,000 barrels per day

But Britain could run out of gas this winter, says Ineos chief Sir Jim Ratcliffe

Electricity Trade

German Industrial Power Prices Hit New High

German industrial power prices have reached another record high, energy-intensive industry association VIK said.

Natural Gas

Two more UK Energy Firms go Bust as Prices Soar

Two more UK energy firms have ceased trading amid soaring wholesale energy prices.

Crude Oil

ANALYSIS: Brent Crude Oil Price may Rise to $85.04 per Barrel

Even though there is early sign of the uptrend continuation, the resumption may not be confirmed until oil breaks $84.02, because the bullish momentum does not …