European spot power prices dropped on Wednesday as wind supply in Germany is expected to nearly double, offsetting lower solar production throughout the region and lower French nuclear. “There is Continue Reading
Britain’s grid operator is set to crank up the pressure on big energy users, taking a more forceful stance on curbing their natural gas consumption as it tries to head Continue Reading
European lawmakers are under pressure from Ukraine to block plans to treat gas as a green asset, plunging into serious doubt an EU Parliament vote that not long ago seemed Continue Reading
The extreme heat in Spain, the UK and France this summer was made worse by changes in the jet stream , the strong westerly winds that blow above the planet’s Continue Reading
Brent oil prices dipped on Tuesday, reversing earlier gains of $1, as concerns of a possible global recession curtailing fuel demand outweighed supply disruption fears, highlighted by a potential production Continue Reading
Crude’s timespreads point to robust near-term consumption Citi warns price could slump to $65 if recession hurts demand Oil held gains as investors assessed still-strong underlying market signals against concerns Continue Reading
Investors continued to liquidate bullish long positions in petroleum last week as the economic outlook deteriorated though the rate of selling was much slower after heavy selling the week before. Continue Reading
An energy-starved world is turning to coal as natural-gas and oil shortages exacerbated by Russia’s war against Ukraine lead countries back to the dirtiest fossil fuel. From the U.S. to Continue Reading
For years, Saudi Arabia has made some pretty hefty claims about its oil potential. It is becoming increasingly clear, however, that the Kingdom may be stretching the truth a little Continue Reading
The Karkh Commercial Court in Baghdad purported to annul four of Iraqi Kurdistan’s oil contracts Monday, as the federal Oil Ministry intensifies its push to implement February’s landmark ruling against Continue Reading
