Latest Market News

Oil prices decreased by $2 per barrel due to economic uncertainty and an increase in US crude stock.

Oil prices decreased by $2 per barrel due to economic uncertainty and an increase in US crude stock.

Crude oil 25 Jan 2023, 4:11 pm

Tuesday saw a decline in the price of crude oil due to worries about a downturn in the world economy and preliminary data showing a larger-than-anticipated growth in...

Oil prices are poised for another weekly increase due to the recovery of Chinese demand.

Oil prices are poised for another weekly increase due to the recovery of Chinese demand.

Crude oil 20 Jan 2023, 4:11 pm

Optimism over a recovery in Chinese demand is causing crude oil prices to close this week with yet another increase. New data about Chinese demand, revealed that it increased...

Fall in US Natural Gas prices may hinder output growth.

Fall in US Natural Gas prices may hinder output growth.

Natural Gas 18 Jan 2023, 4:18 pm

U.S. natural gas prices saw an increase on Tuesday due to a forecast for a cold spell and higher demand for the commodity. However, prices fell again on...

The natural gas market in Europe is expected to remain constrained in 2023.

The natural gas market in Europe is expected to remain constrained in 2023.

Natural Gas 13 Jan 2023, 4:17 pm

According to industry advocates, the consumption of electricity in the United States is expected to decrease this year and only slightly increase in 2024. However, there may be...

Rising European demand, lack of gas storage, and unclear LNG procurement strategy may cause trouble for Indian consumers.

Rising European demand, lack of gas storage, and unclear LNG procurement strategy may cause trouble for Indian consumers.

Natural Gas 10 Jan 2023, 4:17 pm

India is facing a major challenge in 2023 as the prices of liquefied natural gas (LNG) are expected to fluctuate greatly between $10 and $50 per million British...

Renewable financing surpasses fossil fuel lending for the first time !

Renewable financing surpasses fossil fuel lending for the first time !

Crude oil 6 Jan 2023, 4:05 pm

For the first time, banks invested more in financing renewable energy projects compared to oil, gas, and coal ventures in the previous year. However, the decrease in capital...