Natural gas prices have fallen further in Europe as a spell of warm weather delays the heating season, providing some respite for a regional economy on the brink of recession. The mild weather is likely to extend into the month, with forecasters Maxa…
The market maintained wait-and-see international oil prices on October 17 fell slightly Due to the overall market maintaining a wait-and-see stance, international crude oil futures prices ros…
IEA: Higher oil prices will have major impact on global economy The International Energy Agency (IEA) released its October Oil Market report on Thursday. The report said continued deteriorati…
IEA: Higher oil prices will have major impact on global economy The International Energy Agency (IEA) released its October Oil Market report on Thursday. The report said continued deteriorati…
On the evening of August 9, the Russian state oil pipeline company announced that oil shipments through Ukraine had been suspended. Ukraine's pipeline operator Ukrtransnafta has suspended tra…
In the past two months, on the background of weaker demand expectations, international crude oil prices have fallen by more than 20%. Analysts said that the poor macro data of major overseas economies, under the expectation of economic recession, cru…
Oil prices rose on July 29 after Opec and non-OPEC producers were expected to leave their September supply quotas unchanged at their monthly meeting in early August. Light crude for September…
Recently, the International Energy Agency (IEA) released a report showing that global demand for naphtha has fallen sharply. Two factors account for this, the IEA said. On the one hand, profits are being squeezed by rising crude oil prices and shrink…
Libya's oil production has risen to more than 1m b/d, official data showed on Monday, a milestone for the North African country, up from 800,000 b/d just last week. Libya's oil production ros…
Will extreme heat warnings in effect in 28 STATES affect the market for air conditioner coil cost ? As Biden refuses to declare a climate emer…
Norway's hydropower reserves have been hit hard by drought Although Europe scrambling to purchase natural gas for power generation and heating in winter, Western Europe's largest producer of oil and gas Norway t…
Saudi Arabia, the world's largest crude exporter, more than doubled its fuel imports from Russia in the second quarter compared with the same period last year. Saudi Arabia imported 647,000 tonnes of fuel oil from Russia via ports in Russia and Eston…
Aluminium buyers in the US physical metal market have held off on new orders amid fears of a recession triggered by rising inflation and supply chain crises. Spot aluminium trading on the market has been suspended in recent weeks, according to indus…
Europe's largest economy, Germany, recently activated an emergency plan to manage gas supplies that the natural gas could be rationed if supplies are disrupted or disrupted by a stand-off over Russian demands to pay for fuel in rubles. German Vice-C…
Analysts at JPMorgan recommended selling or "underweight" emerging market local currency sovereign debt because of the global impact of the Ukraine-Russia crisis.JPMorgan estimated that fixed-income assets in emerging markets have lost 6-9 percent of…