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Natural Gas
South Korea Cuts Price of Domestic Natural Gas for Hydrogen Production by 25%
South Korea has cut the domestic price of natural gas used to make hydrogen by 25% to help lower hydrogen production costs in a bid to boost hydrogen consumptio…
Oil Price
LNG Prices Soar To New Record In China
There is one recurring problem with central planning: the greater the level of intervention, the worse and more widespread the unexpected adverse consequences.
Oil Price
Opec+ Set to Meet Amid Calls for Lower Prices as Oil Hits Multi-Year Highs
Crude prices have surged in recent months as economies reopen after months of lockdowns
Oil Price
Bank of America Expects $120 Oil by June 2022
Bank of America expects Brent crude to hit $120 a barrel by the end of June 2022.
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Oil Price
UAE Petrol Prices to Rise in November
Motorists across the Emirates will face a further increase for both petrol and diesel
Oil Price
Mideast Gulf Gasoline Premium at More Than Decade High
The Mideast Gulf gasoline premium rallied to a more than ten-year high, on the back of strength in the Asian gasoline market and unplanned refinery outages east…
Natural Gas
Energy Crisis: The Price of Natural Gas in Europe has Plummeted Due to Putin’s Big Announcement
The European Directorate General for Competition has once again started sniffing around Gazprom’s house, looking for signs of possible market manipulation and …
Oil Price
Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease
U.S. West Texas Intermediate crude futures fell 4 cents to $82.77 a barrel by 0151 GMT.
Oil Price
Oil Falls After Increases in U.S. Crude, Fuel Stockpiles
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in th…
Oil Price
Global Supply Shortages are Driving up Alaska Oil Prices
Alaska’s oil prices are at their highest since 2014 amid a global energy crunch.
Oil Price
Charts Suggest Oil Prices may Peak Soon, Cramer Says
Oil may be near its peak if historical patterns hold true.
Oil Price
Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast
The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning …
Oil Price
Wall Street Projects a “Higher for Longer” Era for Oil Prices
Could the era of cheap oil supply be gone for good? That’s the conclusion of some of the biggest commodities desks on Wall Street, where banks have been liftin…
Natural Gas
Refiners Suffer From Record High Natural Gas Prices
Record natural gas prices in Europe and Asia are eroding oil refiner margins
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