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Rice
Oil Price
Oil Moves Higher on Brexit Deal, U.S. Inventory Draw
Oil prices moved higher on Thursday as news that Britain and the European Union had signed a post-Brexit trade deal, as well as a draw in U.S. inventory sparked…
Crude Oil
Rystad Expects 2021 to Bring Largest Crude Deficits in Years
The Covid-19 pandemic has devastated crude and condensate demand in 2020, creating massive supply surpluses and filling up inventories, causing producers to sla…
Offshore Wind Power
Taiwan Plans 8% Cut in Offshore Wind Tariff
EXCLUSIVE: Draft proposal from Ministry of Economic Affairs would set PPA price at NT$4656.8/MWh in 2021
Oil Price
Oil Tumbles As New Virus Strain Revives Demand Fears
Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked wor…
Market Analysis
Climate Could Pay the Price as Europe’s Nuclear Plants Age
Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing rea…
Crude Oil
OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, citing the leaders of the group, Saudi Arabia and Russ…
LNG
Shell Divests LNG Stake For $2.5 Billion
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…
Oil Pipeline
Russia’s Nord Stream 2 Gas Pipeline Clearly Beneficial for Europe & WILL BE Completed – Putin
That could hike prices for households and make Germany’s economy less competitive, said Putin.
Oil Price
Oil Prices Rise, hit 9-Month High on U.S. Stimulus Progress
Oil climbed on Thursday and touched a nine-month high, with traders optimistic about progress toward a U.S. fiscal stimulus deal and record-breaking refining de…
Crude Oil
Oil Jumps On Crude Inventory Draw
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for the week to December 1…
Coal Production
China's Coal Supply Sufficient for Winter Heating
The supply of coal will be sufficient to meet a spike in demand during the winter heating season, China's top economic planner said on Wednesday.
Crude Oil
Oil Production Cuts to End in Norway on December 31st
Throughout this year, Norway imposed oil production cuts to push up oil prices, as was reported by the Petroleum and Energy Ministry of the country.
Crude Oil
Oil Hits $50 On Vaccine Rollout
Brent Crude hit $50 a barrel on Thursday morning for the first time since oil prices crashed in early March, as hopes of swifter-than-thought vaccine rollout fu…
Crude Oil
US Energy Agency Revises up Oil Price Forecast
Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
Thermal Coal
Australian Coal Thrives Despite China Ban
Australian thermal coal prices have risen sharply in recent weeks despite an import ban from one of its traditional markets, China.
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