Rice

Coal Trade

Europe’s Russia Coal Ban Foreshadows Higher Global Energy Prices

Europe is taking a big gamble as it moves to ban Russian coal, potentially leaving itself vulnerable to shortages and rolling blackouts while the rest of the wo…

Crude Oil

Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains

Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities.

Crude Oil

West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia

Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…

Crude Oil

Oil Rises as Uncertainty Around Supply Persists

Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns abo…

Oil Price

How Biden’s Huge Strategic Oil Release Could Backfire

President Biden’s huge SPR release announcement has pushed WTI prices back below $100.

Natural Gas

High Natural Gas Prices Could Lift Green Hydrogen Investment

Companies in Europe and U.S. allies such as Australia have recently announced major green hydrogen deals and projects.

Oil Price

IEA to Release New Emergency Oil Stock to Curb Market Turmoil

The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…

Oil Price

Biden’s Top Economic Advisor Says Restarting the Keystone XL Pipeline Now Won’t Lower Oil Prices

President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline…

Electric Car

Biden Invokes Defense Production Act to Boost Mineral Production for Renewable Energy, EVs

Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden will invoke the Defense Production Act this week to increase the mining of cri…

Crude Oil

U.S. Issues Formal Notice of Record Sale of Oil From Reserve

The U.S. Energy Department formally outlined a sale of oil from emergency reserves on Friday, a day after President Joe Biden announced the largest release ever…

Oil Price

U.S. to Release 1 Million Barrels of Oil Per Day From Reserves to Help Cut Gas Prices

The Biden administration on Thursday said the U.S. will release 1 million barrels of oil per day from reserves.

Carbon Emissions

Emissions Trading Covers 37% of Emissions Under Net-Zero Targets – ICAP

Carbon markets hit record prices and revenues globally in 2021, reports the International Carbon Action Partnership.

Joe Biden

Biden Will Give Remarks on Thursday on Efforts to Lower Gas Prices

President Joe Biden will give remarks on Thursday on his administration's actions to reduce gasoline prices in the United States.

Oil Price

Oil Rises on Supply Tightness Despite "Constructive" Ukraine-Russia Talks

Oil prices climbed on Wednesday on hopes of progress in peace talks between Russia and Ukraine and providing a fresh reminder supply remains tight as data showe…

Oil Price

Bank of England: ‘Historic’ Energy Shock Bigger than Any Year in the 1970s

Bank of England Governor Andrew Bailey has warned the shock to inflated-adjusted incomes in Britain as a result of rising energy prices will be larger than any …