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Rice
Crude Oil
Rising Crude Oil Prices Great Opportunity for Nigeria
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA)…
Joe Biden
Biden Set to Push Plan to Lower Energy Costs
President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…
Oil Price
India Ready to Tap National Oil Stocks Further to Tackle Soaring Prices
India is prepared to release additional crude from its national stocks in support of efforts by other major oil importers to mitigate surging global prices, the…
Oil Price
Can African Oil Producers Take Advantage of Increasing Oil Prices?
Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…
Oil Price
Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …
Oil & Gas Supply
Repairs and Protests Halt 480,000 Bpd of Iraqi Oil Output
Iraq has halted over a tenth of its oil output due to maintenance and protests, in a further blow to the already tight global supply at a time of rising demand …
LNG
Asian LNG Prices Surge on Ukraine Invasion, NS2 Halt
Asian spot liquefied natural gas (LNG) prices surged more than 50% this week as they tracked a jump in European gas prices after Russia’s invasion of Ukraine.
Carbon Pricing
Singapore's Carbon Tax Will Help Develop Trade Flows, Price Discovery for Offsets Market
Singapore's plan to raise carbon taxes is expected to stimulate demand growth in the voluntary carbon credit market and facilitate price discovery.
Oil Price
West Still Reluctant to Target Russian Energy on Economy Fears
Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…
Oil Price
Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil
Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.
Natural Gas
Gas Prices Soar Amid Crisis In Ukraine
The crisis in Ukraine is pushing gas prices higher around the world. Home heating oil is up 56% and gasoline now averages $3.51 per gallon, up from $2.63 a year…
Natural Gas
Metro Vancouver Gas Prices Set Another Record
Gas prices hit another record high in Metro Vancouver on Saturday, a development analysts have attributed to the sanctions placed on Russia in retaliation for i…
Crude Oil
India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies
India may tap its emergency oil stockpile to cool off prices that have surged on concerns that Russia's invasion of Ukraine will disrupt global supplies.
Thermal Plant
Thermal Coal Price Hit All-Time High as Europe Scrambles for Fuel
Australian thermal coal price hit an all-time high following Russia’s invasion of Ukraine.
Oil Price
Oil Surges on Russia Nuclear Alert as Sanctions Intensify
Oil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high alert in the face of …
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