Fuel and Energy
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US natural gas futures edged up on Friday to their highest in a week on forecasts heating demand and liquefied natural gas (LNG) exports will rise in a couple of weeks as the weather cools.
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Asia's naphtha intermonth timespread hit a fresh five-year high, while gasoline profit margin touched a 13-month high of $10.75 a barrel, supported by supply tightness caused by demand and refinery maintenance. Naphtha price for second-half
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US Energy Secretary Rick Perry warned Monday that the controversial Nord Stream 2 natural gas pipeline would increase Russia's political influence on European Union foreign policy. On a visit to Lithuania to promote US energy
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Oil prices were up on Monday, buoyed by hopes of progress in US-China trade talks and supported by challenges to supply facing major exporters. Brent crude rose 34 cents or 0.6% to $58.71 a barrel
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The price of petrol went up again in Zimbabwe on Sunday, this time by more than 25 percent, the latest blow in a country battling out-of-control inflation. The Zimbabwe Energy Regulation Authority (ZERA) announced the
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As much as $71 billion of Japanese coal assets could be at risk as the economic viability of plants is undermined by cheaper renewable energy, research by the University of Tokyo, Carbon Tracker and the
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National Electric Power Regulatory Authority (Nepra) has accused National Power Control Centre (NPCC) of using expensive power plants in August 2019 due to which billions of rupees undue financial burden was shifted to the Discos'
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Finance Division is reportedly unhappy with the Power Division for not paying principal amount of loans of over Rs 800 billion taken from banks during the last 8 years, well informed sources in Finance Division
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Northwest European gasoline refining margins rose on Thursday from $9.8 a barrel to $12.3, supported by lower oil prices. Gasoline stocks in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 7% in the week
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Russia will find ways to help Cuba secure supplies of oil and petroleum products, Russian Prime Minister Dmitry Medvedev said in an interview broadcast on Saturday. Medvedev pledged to help develop Cuba's energy sector during
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