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EV Market
Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric
Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …
Oil Price
Oil Expected to Stay Above $100 Amid Russia-Ukraine Crisis and Demand Push
The upside will remain limited above the $130 per barrel mark, while the $100 per barrel will be an important support to watch.
Oil Price
Oil Declines as Iran, Russia and Fed Jostle for Limelight
Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine prompt…
Crude Oil
Can OPEC Help Manage the Ongoing Crude Price Rally with Its Spare Capacity?
The group needs to reassure consumers as to how much spare capacity it holds and that it is ready to use it in an emergency.
Oil Price
Could Oil Prices Really Hit $200?
Commodity prices, including oil and natural gas, are all over the place.
Crude Oil
Reluctance to Buy Russian Crude Could Cause Long-Term Output Problems
Standard Chartered: continuing consumer reluctance to buy from Russia and shortages of capital, equipment, and technology will impact Russian oil output.
Oil Price
Oil Prices Fall, Continuing Downward Trend From Last Week
Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs it might be willing to h…
Oil Price
Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads
The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c…
Oil Price
Petrol Prices to ‘Keep Climbing’
Sky News business reporter Edward Boyd says US inflation has hit a 40 year high, with fuel prices up 38 per cent.
Crude Oil
Biden Walks Tightrope Between Need for Oil and Push to Go Green
With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…
Oil Price
Oil Extends Losses; Russia to Fulfil Supply Contracts
Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations
Oil Price
Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b
Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…
Oil Price
EIA Hikes Oil Price Forecast To $105 This Year
The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…
Natural Gas
U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop
U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…
Oil Price
UAE, Saudi Arabia Decline Talks with Biden amid Oil Price Surge
Crown Prince Mohammed bin Salman of Saudi Arabia and Sheikh Mohammed bin Zayed declined requests for direct communication with President Biden in recent weeks.
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