Oil prices rose, during morning trading, today, Friday, and are heading to achieve weekly gains of nearly 5%, with the increasing shift away from gas in light of the increase in its prices. And oil prices rose by more than…
Continue ReadingNatural gas fits into China's strategies to diversify its coal-dominated energy mix, as it will contribute to its transition to carbon neutrality in hard-to-decarbonize sectors by 2060. A recent report - published by the international energy consultancy Wood Mackenzie -…
Continue ReadingAs European gas prices soar and governments worry about their effect on a spiralling cost of living, Russia on Wednesday offered what it said could be a swift solution: rapid certification of its recently completed Nord Stream 2 pipeline that…
Continue ReadingHeadlines: OPEC+ on Monday stuck to plan for gradual supply hikes U.S. crude stocks rise 951,000 barrels according to API - report Coming Up: EIA supply report, 1430 GMT Oil hit a multi-year high on Wednesday above $83 a…
Continue ReadingMarkets: NZD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 1.7 bps to 1.498% Gold down 0.8% to $1,756.43 WTI up 1.0% to $78.40 Bitcoin up 2.0% to $49,950 European…
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