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Rice
Oil Price
Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.
Crude Oil
APPEC EU Sanctions, Price Cap on Russian Oil to Raise Shipping Hurdles
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil
Oil Price
Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol
The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…
Oil Price
Volkswagen Warns: High Gas Prices Could Impact Car Production
Germany's Volkswagen AG warned on Thursday that global auto production will be at risk in 2023 if Russia fails to resume deliveries of natural gas through Nord …
Belgium
Thousands Take to the Streets in Belgium Against Soaring Energy Prices
Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest t…
Natural Gas
Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’
Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices …
United Kingdom
Cost of UK Support to Cap Energy Bills to Be Set Out on Friday
Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.
Crude Oil
U.S. Refiners May Soon Purchase More Canadian Crude
Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive re…
Natural Gas
A Natural Gas Shortage Is Looming for the U.S.
While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike …
Oil Price
U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.
Hydrogen Fuel Cell
Loop Energy Says New Hydrogen Fuel Cell More Efficient Than Diesel Engine
Hydrogen fuel cell maker Loop Energy said on Sunday that its latest cell system can deliver better fuel economy than a diesel engine at current price levels.
EU
European Commission – Demand Reduction and Taxes to Tackle Energy Costs
The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.
EU
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
Natural Gas
Why Western Canada Has Some of the Cheapest Natural Gas in the World
Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices and deep discounts at Alberta's AECO hub, one of the large…
Oil Price
Oil Rises on Weakening Dollar, Potential Supply Disruptions
Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consum…
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