Rice

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

Net Zero Emission

UK’s Biggest Energy Users ‘May Put off Net Zero Spending Due to Gas crisis’

Eight in 10 of the UK’s biggest energy users have said they are worried by rapid rises in energy prices and many are worried it could put their environmental i…

Oil Price

Gas Prices Surging in Europe

Increasing concern about Europe's reliance on gas supplies from Russia has led to fears of continued price volatility in the international energy market.

Oil Price

Saudi Arabia Cuts Oil Prices For Asia In February

Saudi Arabia cut the prices of all the crude grades it will be selling to Asia in February to the lowest premium to regional benchmarks in three months, amid th…

Crude Oil

Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan

Oil markets shrug off dip in U.S. gasoline demand

Coal Trade

Indonesia Bans January Coal Exports

The step could infuse another round of price volatility after spot prices more than halved after hitting multi-year highs in late October 2021.

Solar Power Panel

Zhonghuan Further Reduces PV Wafer Prices

The manufacturer also provided the price of its M10 product for the second time, which is being offered at RMB8.31, up 7.9% from the beginning of December.

Crude Oil

High Gas Prices Lead To Conversion Of Ammonia Plant To Green Hydrogen

Incitec Pivot is Australia’s largest supplier of fertilisers, producing around two million tonnes of ammonia each year for use in Australian agriculture.

Hydrogen Project

China’s Guangzhou Aims to Deploy 50+ Hydrogen Filling Stations by 2025

Guangzhou, the capital of China's Guangdong province, expects over 50 hydrogen refueling stations to be deployed and the terminal price of vehicle-used hydrogen…

Crude Oil

Saudi Arabia may Set Deep Crude Price Cuts for Asia in February

Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…