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Oil Price

Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125

Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…

Oil Price

U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict

U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude…

Natural Gas

Space Heating Without Oil, Gas Feasible in Germany by 2035, Says Study

Europe’s declining security situation and rising fossil fuel prices are driving calls for independence from gas.

Crude Oil

Japan to Release 7.5 Mil Barrels Oil From Private Reserves in IEA's Joint Efforts

Japan expects to release 7.5 million barrels of oil from privately held reserves.

Oil Price

Petrol, Diesel Price Hikes Expected to Restart from Next Week

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

Natural Gas

No Challenge in Selling from Russian Oilfields, Says ONGC

Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-ener…

Coal Price

Coal Prices Spike as Russia-Ukraine Crisis Escalates

The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a V…

Natural Gas

L.A. Gas Price Average Surges Past $5, a Record High

Ellina Abovian reports for the KTLA 5 Morning News at 11 on March 3, 2022.

Natural Gas

Europe Rushes to Reduce Russian Energy Dependence

One consequence of the war in Ukraine is that Europe is now scrambling to reduce its dependence on Russian energy. The price of gas was already high before the …

Natural Gas

Bay Area Gas Prices Surge Ever Higher as Ukraine Crisis Deepens

The invasion of Ukraine continues to impact gas prices in the Bay Area.

Thermal Coal

Rush to Replace Russian Coal Propels Fuel to Unprecedented Gains

A global race to secure coal sparked by fears of a shortfall in supply from Russia, one of the biggest producers, has sent prices to levels never seen before.

Natural Gas

Gas Prices in Europe Hit Record High Amid Supply Concerns

The gas price at the Dutch TTF hub, the benchmark gas price for Europe, jumped early on Thursday in Amsterdam to trade at $221.

Crude Oil

Russia’s Oil Exports Are Plunging Even Without Sanctions

While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …

United Kingdom

Jump in Energy Prices Leaves Price Cap Predictions at Over £2,900 a Year

Wednesday’s significant rise in the price of wholesale gas has once again sent predictions for the Winter Default Tariff Cap rocketing upwards, with Cornwall I…

EV Market

EV Sales Jump Again as Petrol Prices and Supply Chains Take Toll on Fossil Car Market

Electric vehicle sales more than doubled in February, compared to last year, in yet another encouraging result for the market in the light of a supply crunch, d…