In July 2020, just a few months after the COVID-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its Continue Reading
Highlights TTF month-ahead price up 28% to Eur114/MWh at 0730 GMT Contract surged as high as Eur120/MWh in early trade Europe’s TTF gas price made huge gains in early trade Continue Reading
Oil prices stabilized on Wednesday after hitting seven-year highs in the last session as it became clear the first wave of U.S. and European sanctions on Russia for sending troops Continue Reading
European natural gas surged and oil rallied after the dramatic escalation of the Russia-Ukraine conflict. Oil pared gains as U.S. President Joe Biden appeared to avoid implementing the harshest sanctions Continue Reading
There’s every chance we could see Brent oil prices above $100 soon. There’s every chance we could see Brent oil prices above $100 soon, depending on Russia’s response to economic Continue Reading
Record-high bunker prices are pushing transport costs higher, and in turn, impacting the costs of goods and services across the globe. The overall rebound in demand for fuels as economies Continue Reading
A German retiree facing sky-high energy bills is turning to a wood-burning stove. The owner of a dry cleaning business in Spain adjusted her employees’ work shifts to cut electric Continue Reading
Oil hit its highest since 2014 on Tuesday as tensions between Russia and Ukraine escalated after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns Continue Reading
European natural gas surged and oil rallied after the dramatic escalation of the Russia-Ukraine conflict. Oil and gold led a broad rally in commodities after Russian President Vladimir Putin announced Continue Reading
Oil prices approached $100 a barrel on Tuesday, the highest in more than seven years, and European gas futures briefly jumped more than 13 percent, amid rising concerns over armed Continue Reading
