Category: Prices

 Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions and inventory Continue Reading

Oil rose for the fifth straight week with the global energy crunch set to boost demand for crude as stockpiles decline from the U.S. to China. Futures in New York Continue Reading

U.S. West Texas Intermediate crude oil futures are edging lower on Friday, but still holding on to their weekly gains. The price action suggests profit-taking is taking place ahead of Continue Reading

1. Oil Supply Disruptions Set To Ease – With September seeing crude supply disruptions across continents, the upcoming months should bring most of that idled capacity back, also boosted by Continue Reading

European coal prices have hit a 13-year high as coal supply to Europe remains constrained and utilities fire up more coal power plants amid surging natural gas prices. The price Continue Reading

The oil industry is in a terminal decline, hedge fund manager James Jampel told Bloomberg on Friday, noting that this year’s rise in oil stocks has been “the biggest dead-cat Continue Reading

 New IMF research estimates global fossil fuel subsidies at about $6 trillion, with about 70% from “under-charging” for the environmental costs associated with the fuels, International Monetary Fund Managing Director Continue Reading

 Norway and Russia are big winners from Europe’s gas price rally as they benefit from volatility after the European Union forced their gas producers years ago to shift away from Continue Reading

Oil held gains near the highest since 2018 amid a global energy crunch that’s set to increase demand for crude, while stockpiles are falling from the U.S. to China. Futures Continue Reading

Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions and inventory Continue Reading