- Supply concerns remain the wild card supporting energy prices
February 13, 2022
Strongly supported by supply tightness and geopolitical developments caused by changing dynamics, Brent Crude oil remained above $90 per barrel.
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- ‘Come Out to Fight’: Surging Diesel Strains Asia’s Truckers
February 10, 2022
Soaring diesel prices are straining governments as they seek to stave off inflation from rising energy costs and quell discontent from aggrieved truck operators that are seeing profits shrink.
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- Iran stores more oil on tankers as nuclear talks with US enter final stage
February 07, 2022
Iran, which has the world’s fourth-largest oil reserves, could quickly export millions of barrels of crude and help drive down red-hot oil prices if it reaches a deal in ongoing talks with the United States on its nuclear programme.
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- Asian prices fall as Lunar New Year reduces trading
February 04, 2022
Asian spot liquefied natural gas (LNG) fell this week, tracking gas prices in Europe, amid muted demand from China as the Lunar New Year holiday reduced trading activity in north-east Asia.
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- Russia, China agree 30-year gas deal via new pipeline, to settle in euros
February 04, 2022
Russia has agreed a 30-year contract to supply gas to China via a new pipeline and will settle the new gas sales in euros, bolstering an energy alliance with Beijing amid Moscow's strained ties with the West over Ukraine and other issues...