During a crisis of energy Dutch market determines gas prices for all of Europeans

According to the survey Everyone is hoping on the TTF, the top benchmark on the continent, as gas prices across Europe continue to raise all-time highs.

According to the Title Transfer Facility they states that, a Dutch-based online market where shippers and buyers for exchange of gas s...

What will happen next given the extreme volatility of the world's oil and gas prices

World oil and gas prices have been impacted by supply and demand shocks over the past two and a half years, occasionally both at once. Energy market volatility as a result is a microcosm and mirror of a faltering world economy.

As the Covid-19 pandemic expanded over the globe, the price...

Higher US gas prices hurt consumers' wallets and do little to reduce emissions

The president doesn't want sky-high gas costs, but they are actually eating away at emissions of heat-trapping gas as Congress and now the Supreme Court thwart the Biden administration's efforts to slow climate change.

Two sets of statistics reveal that Americans have responded ...

Is the recent increase in gas prices beneficial to the United States

Last week, the average price of gas at the pump in the United States was $4.58 per gallon. It will almost certainly rise above $5.00 shortly, as it is currently above $6 in California.

In comparison to Europe, gas prices in the United States are low. The price of a trip to London for th...

Gas Prices in California Have Topped 6 Dollars Per Gallon

The state average price for a gallon of gas in California has crossed the six-dollar mark, making the Golden State have the most expensive fuel in the United States.

On Tuesday, the average price at a Californian pump was 6.021 dollars per gallon. The prices have increased by 31 cent...

Santos reports recording sales and volumes following the merger, as well as high natural gas prices

Since completing a merger with Oil Search Ltd. in December, the producer has reported its first full quarter of earnings. The addition of liquefied natural gas (LNG) and oil assets in Papua New Guinea and Alaska, according to management, boosted volumes and sales numbers over time.

Acco...

US trying to mend relations with Saudi Arabia and UAE as gas prices increase due to the Ukraine conflict

The US is attempting to mend strained relations with Saudi Arabia and the UAE after failing them militarily and witnessing gas prices increase.

Both countries have been at a difference with the US in recent weeks over Washington's desire that they raise oil output to help offset the...

What would happen to oil and gas prices if the United States bans Russian oil

In retribution for Russia's invasion of Ukraine, US President Joe Biden has slapped an immediate embargo on Russian oil and other energy imports, while the UK has indicated it will phase out imports by the end of 2022.

Oil prices are anticipated to rise as a result of the new sancti...

Gas Prices in Europe Increase Due to Issues with Russian Pipeline

Europe has been facing a severe energy crisis due to increased demand for natural gas during the cold winter season and because the economy is bouncing back from its pre-pandemic levels, However, as the continent has been pushing towards green energy, it has shut many fossil fuel production plant...

NATURAL GAS PRICES REMAIN UNCHANGED

HIGHLIGHTS

• Contrary to expectations, natural gas prices remain unchanged in India for now.
• Domestic production of natural gas is expected to rise by 2% during FY22.
• Analysts believe that increase in production can support volume growth.

AUSTRALIANS ARE CHARGED HIGHER FOR GAS THAN ITS INTERNATIONAL BUYERS

HIGHLIGHTS

•  Eastern coast Australians are paying more for LNG as compared to international buyers, a research analyst has said
• The report by the Australian Competition and Consumer Commission (ACCC) suggests the pricing difference between local c...

Oil Prices surge a US-IRAN locks tension heightens

With the US-Iran tensions running high, after Trump approved of Iraqi general Qassem Soleimani’s assassination, the oil prices are taking hit. The prices of oil rose to a three month high as US-Iran relations is under stress. Oil prices surged to $70 a barrel.

Industry experts are...