Rice

Oil Price

Oil Hits Four-Month High in Boost for Budget

The price of Brent crude, Nigeria’s benchmark grade, extended gains for a third session on Monday, rising above $80 a barrel to its highest in more than f…

Battery

Where Will Lithium-Ion Battery Prices Go In 2025?

The rapid decrease in lithium ion battery prices seen in previous years is likely to be slowed down in 2025 due to an uptick in battery material costs. These wi…

Coal Trade

China’s Coal Imports Hit Record High in 2024

China's coal imports rose 14.4% in 2024 to a record high, official data showed on Monday, as lower international coal prices spurred buyers to substitute im…

Oil Price

Price May Rise as Crude Hits $81 per Barrel

The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such…

Coal Price

State Regulation of Coal Prices Extended in Kyrgyzstan Until February 15

Temporary state regulation of coal prices has been extended in Kyrgyzstan until February 15. The Antimonopoly Regulation Service reported.The decision was repor…

Electricity Trade

Senoko Energy Launches New Lifesteady Price Plan Offering Guaranteed Savings off SP Tariff

Senoko Energy launches a new price plan that provides a fixed discount off the quarterly SP tariff. A first of its kind in the local market, this plan – L…

Electricity Trade

Trangrid Revises Delivery Contract for Energyconnect

Transgrid has negotiated a new fixed-price contract with Elecnor Australia for EnergyConnect.With the project being critical to the reliability and security of …

Biofuel

January Wasde Reduces 2024-’25 Forecast for Soybean Oil Use in Biofuel Production

The USDA reduced its forecast for 2024-’25 soybean use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released…

Wind Power Project

UK Power Market Set to Remain Tight on Cold, Windless Weather

Britain’s power market is set to remain tight on Friday, capping a week that’s seen prices soar as temperatures plummet.Wind generation may plunge t…

Oil Price

Price of Azerbaijani Oil Takes Nosedive

The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by 91 cents on January 8 compared to the previous …

Electricity Trade

Aba Power Raises Electricity Tariffs After NERC Approval

Aba Power Limited Electric, (APLE), a Nigerian electricity distribution company, has announced a more than 50 per cent electricity tariff hike for customers wit…

Oil Price

Oil Prices Edge Down for Second Day Straight on Rising US Fuel Inventories

Oil prices declined for a second day on Thursday after large builds in fuel inventories in the US, the world's biggest oil user, though expectations for inc…

China

China’s Solar Self-Discipline Sparks Rise in Key Material Price

Chinese prices of polysilicon used in solar panels have turned higher, as industry-led efforts to solve oversupply begin to bear fruit.Prices rose 2.2% on the w…

LNG

Philippines Encourages LNG Importers to Aggregate Buying

The Philippines is encouraging importers of liquefied natural gas (LNG) to voluntarily aggregate purchases of the super-chilled fuel in efforts to lower prices …

Oil Price

Azerbaijani Oil Approaches $80 Per Barrel

The price of a barrel of Azeri Light crude rose by $0.15, or 0.19%, settling at $79.63.Azeri Light crude oil reached its lowest level on April 21, 2020, at $15.…