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Rice
Oil Price
Goldman Remains Bullish On Oil Despite OPEC+ Decision
Goldman Sachs commodity analysts remain bullish on oil prices despite yesterday’s decision by OPEC+ to add another 400,000 bpd to combined production next mont…
Crude Oil
U.S. May Delay Oil Reserve Release
The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction…
Natural Gas
Australian LNG Exports Hit Record High in October
The record volumes and higher prices also accounted for record LNG export receipts for the month, according to the latest official data.
Iberdrola to Increase Energy Prices from January 1
Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.
Crude Oil
Saudi Arabia May Raise January Oil Prices to Asia
Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month
Oil Price
Oil Prices Projected To Hit $125 In 2022
In a new report from JP Morgan, analysts are predicting $125 oil next year and $150 oil in 2023
Offshore Wind Power
Acciona Energia Makes 850MW Brazilian Wind Play
Spanish company buying the Sento Se 1 and 2 projects from Casa dos Ventos for an undisclosed price
Oil Price
Biden’s Blunder Could Send Oil Prices To $100
Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar
Coal Price
NE Asia Coal Prices Jump on Fiercer Competition
A cold snap across the northern hemisphere and fiercer inter-basin competition for fuel amid a decline in Russian natural gas deliveries to Europe supported coa…
Crude Oil
Brent Price Slides Amid Covid Concerns Ahead of Key Opec+ Meeting Next Week
Futures in London slid towards $80 a barrel as crude was swept up in a wave of caution across global markets
Electricity Trade
Cold Blast Sends Power Prices Soaring In Germany
Europe's first cold spell of the heating season has arrived, pressuring power prices higher as freezing temperatures ushers in increased power demand to heat bu…
Carbon Pricing
German Energy Plans Hinge on CO2 Pricing
The incoming German government’s plans to introduce a carbon price floor underscored its intention to use price signals to eliminate coal by the end of the dec…
Coal Production
Power Generation from Coal Falls 56% in Gujarat
Gujarat’s production of electricity from the coal-fired thermal power plants halved in October as private sector plants struggled to generate power due to spir…
Oil Price
Goldman Says Oil Prices Already Account for a Joint SPR Release
The White House’s push for releases of oil from national reserves is already fully priced into the market following the drop in crude prices in recent weeks
Crude Oil
Barclays Lifts Brent Oil Price Forecast To $80 In 2022
Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower supply growth next year an…
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