Rice

Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Crude Oil

RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged

The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government.Meanwhile, RON9…

Natural Gas

US Natgas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand

US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an increase in the amount of gas flowing to liquefied natural ga…

Iran

Iran Set to Slash Fuel Subsidies in Sensitive Move

Iran is due to ease fuel price subsidies, according to documents reviewed by Iran International, in a politically sensitive move likely approved by the country&…

Oil Price

Oil Prices up in Thin Pre-christmas Trade

Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the …

Crude Oil

Crude Oil Futures Rise on Spot Demand - PTI

Crude oil futures climbed on Monday, driven by increased demand in the spot market. WTI and Brent crude also saw gains in global markets.Crude oil prices on Mon…

LNG

US LNG Exports Hit Record Highs in 2024 Despite Price Pressures

US liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume …

Oil Price

Oil Gains as Cooling US Inflation Points to Possible Easing

Oil prices rose on Monday as lower-than-expected US inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year …

Green Hydrogen

Green Hydrogen Prices Will Remain Stubbornly High for Decades

Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will remain far more expensive than prev…

Natural Gas

US Natural Gas Prices Jump

US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas well…

Electric Vehicles

Toyota Cuts Prices on 2025 bZ4x Electric SUV

Toyota is lowering its starting Manufacturer’s Suggested Retail Price (MSRP) on the MY 2025 bZ4x, with a reduction of up-to $6,000. The 2025 bZ4X also add…

Solar Cell

Indian Solar Cells Costs More Than Chinese Imports, Says Crisil

India’s domestically manufactured solar cells cost 1.5 to two times more than Chinese imports, even after customs duties, says CRISIL Market Intelligence …

Natural Gas

OGRA Approves Major Increase in Gas Prices Across Pakistan

The Oil and Gas Regulatory Authority (OGRA) has approved significant hikes in gas prices, affecting consumers nationwide, ARY News reported.According to reports…

Natural Gas

Germany’s Natural Gas Consumption Rose by 3.3% in 2024

Germany’s natural gas demand rose by 3.3% in 2024, due to lower prices compared to last year, preliminary estimates by the association of the German utili…

Oil Price

Qatar Raises Oil Price for February Loadings

QatarEnergy has reportedly raised the price of its al-Shaheen crude oil blend for February loadings, suggesting robust demand for the grade.Reuters cited unname…