Commodities News
- Reuters
(Reuters) -British energy suppliers are grappling with soaring wholesale gas prices that have led to the collapse of a number of energy companies, forcing more than 2 million customers so far to switch providers.
- Reuters
WASHINGTON (Reuters) – U.S. lawmakers are considering carbon pricing measures to slash climate-warming emissions, a top White House adviser said on Monday, as Democrats may be forced to drop a key part of the spending bill on curbing global warming after opposition from centrist Democrat Senator Joe Manchin.
- Reuters
NEW YORK (Reuters) -Oil prices pulled back after touching multi-year highs on Monday, trading mixed as U.S. industrial output for September fell, tempering early enthusiasm about demand.
- Reuters
(Reuters) -Oil prices settled at a three-year high above $85 a barrel on Friday, boosted by forecasts of a supply deficit in the next few months as the easing of coronavirus-related travel restrictions spurs demand.
- Reuters
This year’s Physics Nobel Prize honoured scientists working on systems that help decipher the Earth’s shifting climate patterns.
- Reuters
WASHINGTON (Reuters) – U.S. Deputy Secretary of State Wendy Sherman, in a meeting with Russian Deputy Prime Minister Aleksey Overchuk on Thursday, called on Russia to “do more to ensure European energy security,” the U.S. State Department said.
- Reuters
NEW YORK (Reuters) -Oil prices rose 1% on Thursday after top oil producer Saudi Arabia dismissed calls for additional OPEC+ supply and the International Energy Agency said surging natural gas prices could boost demand for oil among power generators.
- Reuters
NEW YORK (Reuters) -Oil prices eased on Wednesday on worries that crude demand growth would slow, which ate into recent gains that had brought prices to multi-year highs in recent sessions.
- Reuters
MOSCOW/BRUSSELS/BEIJING (Reuters) – President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe’s energy crunch as the EU called an emergency summit to tackle skyrocketing prices.
- Reuters
BEIJING (Reuters) – China’s thermal coal prices surged to fresh record highs on Wednesday as recent floods in a key coal producing province worsened a supply crunch, just as new efforts by Beijing to liberalise power prices boosted demand from power generators.
- Reuters
NEW YORK (Reuters) -Oil steadied after a volatile session on Tuesday, pausing a rally that has brought prices to multi-year highs and raised concerns that higher energy costs could derail the global economic recovery.
- Reuters
BENGALURU (Reuters) – Oil prices jumped on Monday to the highest levels in years, fuelled by rebounding global demand that has contributed to power and gas shortages in key economies like China.
- Reuters
BRUSSELS (Reuters) -The European Union will look into an option for member states to jointly buy natural gas as the bloc considers ways to protect itself against surging energy prices, according to a draft document seen by Reuters.
- Reuters
NEW DELHI (Reuters) -Indian conglomerate Reliance Industries Ltd on Sunday announced two deals to buy solar capacity, as the owner of the world’s biggest refining complex seeks to become net carbon zero by 2035 and make India a hub for low-cost solar manufacture.
- Reuters
NEW DELHI (Reuters) -Delhi Chief Minister Arvind Kejriwal on Saturday warned of a power crisis in the Indian capital due to a coal shortage, which has already triggered electricity cuts in some of the country’s eastern and northern states.
- Reuters
NEW YORK (Reuters) -Oil rose on Friday, gaining about 4% on the week as a global energy crunch boosted U.S. prices to their highest in almost seven years as big power users struggle to meet demand.
- Reuters
A look at the day ahead from Sujata Rao
- Reuters
NEW YORK/LONDON (Reuters) – World equity markets rebounded more than 1% on Thursday after U.S. Senate leaders reached a deal to raise the U.S. debt ceiling, while a global easing in energy prices tempered deepening fears of “stagflation.”
- Reuters
BENGALURU (Reuters) – Oil futures rebounded on Thursday, as the market deemed it unlikely that the United States would release emergency crude reserves or ban exports to ease tight supplies.
- Reuters
LONDON (Reuters) – Britain has enough gas supply capacity to meet demand, adequate gas in storage and a range of tools to manage supply and demand this winter, grid operator National Grid said in a report on Thursday.