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Rice
Electric Car
Tesla Hikes Price of Long Range Model 3 and Model Y in US, China
Electric vehicle giant Tesla has lifted its car prices, again – this time of the US Model Y SUV and Model 3 Long Range sedan by $US1,000 each, as well of some …
Coal Price
Ukraine Crisis Could Send Coal Prices to $500
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.
Coal Price
Coal Prices Likely to Cross $500 per Tonne in 2022, Rystad Energy Says
Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thur…
Crude Oil
Biden Walks Tightrope Between Need for Oil and Push to Go Green
With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…
Carbon Pricing
Ukraine Invasion Crashes Carbon Credit Prices
The Russian invasion of Ukraine roiled financial markets across the world, and the European carbon credit market was no exception. As the price of oil surged, c…
Oil Price
Oil Extends Losses; Russia to Fulfil Supply Contracts
Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations
Oil Price
Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b
Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…
Oil Price
EIA Hikes Oil Price Forecast To $105 This Year
The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…
Natural Gas
U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop
U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…
India
India’s Place in the New Hydrogen World Order
Higher fossil fuel prices are making green hydrogen comparatively cheaper, which could accelerate India’s transition to the clean fuel.
Oil Price
UAE, Saudi Arabia Decline Talks with Biden amid Oil Price Surge
Crown Prince Mohammed bin Salman of Saudi Arabia and Sheikh Mohammed bin Zayed declined requests for direct communication with President Biden in recent weeks.
Coal Price
Peabody Gets a $534 Million Margin Call on Coal, and Goldman Steps In With a 10% Loan
Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. a year ago.
Joe Biden
Solar Costs Jumped in 2021, Reversing Years of Falling Prices
Solar costs rose in 2021 partly because of supply chain constraints, according to a report released Thursday by the Solar Energy Industries Association and Wood…
Oil Price
Sinopec Keeps Refinery Operations 'Fairly High' to Ensure Fuel Supply
China's Sinopec is running its refineries at "fairly high" operational rates, the firm said, seeking to ensure steady fuel supply in the country amid tight glob…
Oil Price
Price Hikes Won't Hit Petrol Demand
The domestic retail rates of petrol and diesel have remained unaltered since the beginning of November. Oil marketing companies are widely expected to raise pri…
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