Oil and Gas

The Asia-Pacific gasoline market has suffered one other blow after main pure gasoline producer Australia signaled it may doubtlessly lower down liquified pure gasoline exports because the area battles tight gasoline provides, excessive…

Coal costs are hovering and international coal consumption is predicted to return to document ranges reached virtually 10 years in the past as the worldwide vitality provide crunch continues. Whereas buyers in coal shares are having a…

Europe is dealing with an unprecedented gasoline disaster.Image Alliance | Image Alliance | Getty PicturesEurope is dealing with an unprecedented vitality disaster that is pushing the financial system nearer right into a recession and…

Russia's energy giant Gazprom has said it cannot fulfil its gas contracts with Europe.Bloomberg | Bloomberg | Getty ImagesLONDON — Russia's energy giant is threatening to send less gas to Europe — but Germany, one of its main importers,…

The EU's partial embargo covers Russian oil brought into the bloc by sea, with an exemption carved out for imports delivered by pipeline following opposition from Hungary.Attila Kisbenedek | Afp | Getty ImagesMoscow could respond to…

Some members of the energy alliance OPEC+ are considering whether to suspend Russia from an oil production deal, The Wall Street Journal has reported, citing unnamed OPEC delegates.This comes at a time when non-OPEC leader Russia, a…

EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022.Joe Klamar | Afp | Getty ImagesOil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.During…

Russian President Vladimir Putin delivers a speech during a ceremony honouring the country's Olympians and Paralympians at the Kremlin in Moscow, Russia April 26, 2022. Maxim Shemetov | ReutersDAVOS, Switzerland — Russian President…

A group of Ukrainian women demonstrate to call for further action against Russia near the headquarters of the EU Commission in Brussels, Belgium.Thierry Monasse | Getty Images News | Getty ImagesLONDON — Reflecting on energy markets just…

The current oil crisis isn't like previous ones — and consumers will have to bear the brunt of it even as they grapple with rising inflation, Angela Wilkinson from the World Energy Council told CNBC."I think this is a first global energy…