Rice

Crude Oil

US Shale Investors Worry over Impact of Output Jump

US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…

Natural Gas

Gas Price Side Effects On Southland Commuters

Across Southern California, drivers are fuming about the high cost of fuel the prices, which are pushing some people to the brink. KCAL9's Nicole Comstock spoke…

World’s most Advanced Oil Rig Commissioned at ONGC Well in Bhimavaram

As the energy prices soar, the advanced rigs are very crucial for the Indian energy sector to drill oil and gas wells faster to increase the production for d…

Oil & Gas Supply

With Oil Market in Turmoil, Energy Execs Urge more Output, Security

Oil-and-gas leaders advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S. climat…

Oil Price

Crude Oil Jumps as much as 7% on U.S. Ban of Russian Imports, but Trades off Session Highs

Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the countr…

Oil Price

Ukraine Speeds Global Rush to Self-Sufficiency

Brexit, trade wars between the United States and China, and Covid-19 have dealt successive knocks to globalisation, and the war in Ukraine is doing fresh damage…

Coal Production

China to Keep Daily Coal Output at More than 12 mln Tonnes amid Global Price Surge

China will maintain daily coal output at more than 12 million tonnes and accelerate approvals for new coal mining projects to ensure sufficient supply.

Electric Car

Electric Car Prices Could Go up Even as Fuel Prices Soar

As US gas prices hit record highs in the wake of Russia’s invasion of Ukraine, it seems like electric vehicles may not be a safe haven for those looking to sav…

Coal Price

Coal Use Rises, Prices Soar as War Impacts Energy Markets

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …

Oil Price

Petrol, Diesel Price Increase on Wait-and-Watch Mode; CNG Rates Hiked

CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been pu…

Oil Price

Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl

Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…

Oil Price

Oil Companies to Determine Fuel Prices: Hardeep Singh Puri

Amid the Russia-Ukraine war, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said oil companies will determine the fuel prices, even …

Oil Price

No Need to Panic. Oil Prices Could Drop to $100 a Barrel in Two Weeks

The current oil surge wouldn’t last and prices are likely to drop to $100 per barrel within two weeks, Bharat Petroleum Corp (BPCL) chairman has said

Oil Price

Petrol, Diesel Price Hikes may Restart from Next Week

Petrol and diesel price hikes are likely to resume after state elections get over next week. This is to bridge the Rs 9 a litre gap created by international oil…

Oil Price

Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply

Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through o…