Russia believes that the Nord Stream 2 gas pipeline will get the necessary certification and eventually start working, Russian Deputy Prime Minister Alexander Novak told RBC media on Wednesday. Construction Continue Reading
Highlights NYMEX crude settles $1.78 higher at $75.57/b Gasoline sales rise over holiday weekend India’s crude imports jump in November Crude and oil products futures rallied Dec. 27 along with Continue Reading
Oil prices rose more than 2% on Monday to the highest level since late November on hopes that the Omicron coronavirus variant will have a limited impact on global demand Continue Reading
U.S. natural gas futures jumped almost 9% on Monday to a three-week high on forecasts for colder weather and higher heating demand over the next two weeks. Front-month gas futures Continue Reading
Natural-gas prices rose Monday after weather forecasts showed a bout of cold temperatures that could spur heating demand for parts of the U.S. this week. U.S. natural-gas futures finished Monday’s Continue Reading
U.S. natural gas futures extended gains — after the biggest jump in two months — as storms brought snowfall to parts of the country. Futures for January delivery rose 0.3% Continue Reading
U.S. crude oil prices hit a high of $86.40 per barrel in October this year Natural gas prices also rose this year, although the rise in U.S. benchmark prices was Continue Reading
A winter surge in Covid-19 cases driven by the Omicron variant is prompting economists to downgrade U.S. and global growth expectations in the early part of 2022 as businesses struggle Continue Reading
Shippers of containerized goods were caught off guard this year. Never before had container spot rates risen so far, so fast. But shippers of liquid and dry bulk commodities know Continue Reading
The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research. Continue Reading
