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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…

Oil Price

Global Oil Prices Retreat in Face of Supply and Demand Pressures

Brent crude was down 56 cents, or 0.7%, at $78.33 a barrel at 1157 GMT and U.S. West Texas Intermediate crude fell 54 cents, or 0.7%, to $75.40.

Thermal Coal

China's Thermal Coal Futures Plunge Around 60% Since mid-October, State Planner Says

The prices of thermal coal futures have plunged around 60 percent since mid-October as a series of measures have shown results.

Oil Price

Japan PM Confirms Oil Reserves May Be Released to Curb Prices

Japan is considering releasing oil from its reserves for the first time to curb surging oil prices.

Crude Oil

EIA Sees Brent Oil Price Falling To Average $72 In 2022

EIA: Crude oil prices are set to decline next year from the current levels of around $80

Crude Oil

Japan to Subsidise Refiners to Ease Oil Price Impact

Japan is planning to give subsidies to the country's refiners for the first time to offset the impact of surging oil prices on domestic oil product values.