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Natural Gas
China Is Reselling LNG Cargoes, Driving Gas Prices Lower
Major Chinese LNG importers are now offering to resell some cargoes on the spot market this year, suggesting that China has stocked up more than enough to see i…
Energy Security
Moldova Declares State of Emergency in Energy Sector
The Moldovan parliament approved a measure by prime minister Natalia Gavrilita to declare a state of emergency in the energy sector for 60 days to ensure uninte…
Together Energy Becomes the First Supplier to Collapse in 2022
The collapse leaves around 176,000 domestic customers behind
Solar Power Panel
Longi Unexpectedly Raises PV Wafer Prices
Furthermore, Tongwei secured 104,800,000 wafers from Shuangliang and PV module manufacturer Yingli said its capacity has reached 8GW.
Crude Oil
Goldman Sachs Sees $105 Oil In 2023
Oil prices could hit $100 this year and rise to $105 per barrel in 2023, on the back of a “surprisingly large deficit” on the oil market now due to the much m…
United Kingdom
UK Power Prices Rise To One Month-High On Low Wind Generation
UK peak-hour power prices for Monday evening through 6 p.m. surged to the highest level in a month due to low wind power generation during the weekend.
EV Market
Soaring Lithium Prices Become Major Headache For EV Makers
With lithium prices already trading at a record high in Asia, there is no sign that the rally in this much-sought-after commodity will come to an end this year
Oil Price
Opec+ Quota Gap Widens
Opec+ crude production increased last month but fell short of the 400,000 b/d agreed rise in quotas, as several members struggled to keep pace.
Thermal Coal
Tightness Limits North American Met Coal Exports
Supply setbacks weighed on US and Canadian coking coal exports in November, while historically high prices throughout October and early November gave mining fir…
Carbon Emissions
CO2 Plans could Drive up EU Fuel Oil Exports
EU proposals to add CO2 emissions costs and taxes to conventional marine fuel prices starting in 2023 could reduce Europe's residual fuel oil demand for bunkeri…
Crude Oil
IEA Says Oil Demand more Resilient than Expected in the Face of Omicron
Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated.
Crude Oil
OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says
OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…
Oil Price
Oil Prices Inch Higher Despite Large Gasoline Build
Crude prices dipped slightly before jumping again after the Energy Information Administration reported an inventory decline of 4.6 million barrels for the week …
Natural Gas
Europe’s Gas Prices Rise On Muted Russian Supply, Cold Weather
Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later th…
Carbon Pricing
China’s Emissions Trading Market Likely to See Expansion, Rising Carbon Price in 2022, Say Analysts
The carbon price in the emissions trading scheme could reach 65 yuan per tonne this year, up from 54.22 yuan at the end of 2021, Refinitiv forecasts
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