Rice

Crude Oil

Oil Moves Higher On Largest Crude Draw Since January

Oil prices moved higher after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 30.

Oil Price

Goldman: Oil To Hit $80 On Largest Ever Demand Jump

Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish fo…

Market Analysis

These Two Meetings Will Affect Oil And Gold Prices In May

Traders are closely watching two important events this week that are likely to set the tone for oil and gold prices next month.

United States

New Study by Leading Renewables Consultant ArcVera Shows Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms

Study points to shortcomings in the hedged financial structures, with asymmetric price risk leading to significant losses for wind farm operators and gains for …

Oil Price

Oil Prices End the Week Down As Demand’s Rebound Gets Patchy

Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.

Oil Price

Qatar Petroleum Plans Debut Dollar Public Bond Sale

The world's top liquefied natural gas supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of…

Crude Oil

OPEC+ Unlikely To Drastically Change Oil Pact Next Week

The OPEC+ group is unlikely to make any material changes next week to the plans to ease the production cuts over the next three months.

Oil Price

Angola May Privatize State-Owned Oil Firm To Boost Production

OPEC member Angola was Africa’s top oil producer six years ago when oil prices crashed in 2015-2016, slashing oil-producing countries’ revenues and forcing in…

Oil Price

US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge

Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility

Solar Materials

Xinte Energy Rushing 20,000MT Expansion at Xinjiang Polysilicon Plant

China is approaching a polysilicon supply chain “crisis” as spot prices soar due to downstream demand.

Carbon Pricing

New Carbon Price Makes Energy Efficiency in the German Building Sector Even more Important

Heating oil will soon become more expensive for consumers in Germany due to the new Fuel Emissions Trading Act.

Coal Price

South Korean Coal Prices Ease

Thermal coal prices for South Korea softened this week, as Australian fob prices came under pressure from a weaker demand outlook in India and Japan.

Crude Oil

WoodMac: Oil Prices Could Drop To $10 In 2050

Brent Crude oil prices could fall to $10 per barrel by 2050 if the world accelerates the energy transition with decisive action to achieve the Paris Agreement c…

Electric Vehicle Battery

Lithium Prices Could Triple As EV Production Soars

The global market share of electric vehicles is set to rise so quickly that battery manufacturers will not be able to meet production requirements, a Rystad Ene…

Oil Price

Crude Oil will Climb Above $70; Energy Security could Reappear on the Radar

Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters