The Magazine for Asian Investors
Natural gas prices in Europe soared today (Aug. 23) amid fears that winter power shortages could have a major impact on the region’s economy. Gas futures prices rose 5.2% to 291 euros per megawatt hour after reaching a record high…
According to a report published today by the IEA, global coal consumption will increase modestly in 2022, returning to the record level of nearly a decade ago. The IEA points out that the outlook for coal is fraught with uncertainty…
Fossil fuels such as coal, gas, or oil are increasingly being cast in a bad light, precisely because of their high carbon emissions. Some countries have already taken steps to reduce CO2 emissions by expanding solar, hydro, wind, or even…
Rising inflation in most of the world’s economies and the Russian sanctions are driving up energy and commodity prices. Experts believe this will have a significant impact on the global economy. Even the IMF has now issued a warning and…
The price of natural gas (Henry Hub) has risen to over $7, a price last recorded in 2008. Year on year, the price has already risen by over 92% and currently stands at $7,189. Russia, which is currently facing heavy…
Oil Crude oil prices have been volatile this year, which is probably also due to speculation, as the price moves with almost any news related to Ukraine or Russia. However, the trend in oil prices remains upward, even though the…
The North American natural gas price (Henry Hub) has already increased by 12.9% this week after the EU continues to consider a ban on Russian energy products such as gas, coal, or crude oil.Since the beginning of the year, the…
According to German authorities, companies in Germany have been informed that gas supplies could be rationalized or even stopped altogether. This is due to the sanctions imposed by the EU against Russia because of the invasion of Russian troops in…
Russia is open to gas payments in gold or Bitcoin. However, the payment method depends on the status of the paying country. Following the sanctions imposed by the West, Russia has drawn up a list of so-called “unfriendly” countries. The…
Russian President Vladimir Putin has instructed the Russian Central Bank to find a way to settle gas payments in rubles within a week. In addition, Russian gas giant Gazprom has been ordered to revise the supply contracts of gas customers.…
