The European Commission on Thursday proposed emergency intervention in Europe's energy markets to ease the recent sharp rise in energy prices. A much-watched proposal to cap natural gas prices was not included because of controversy.…
Global inflation is running at its fastest pace in decades this year as high and persistently volatile commodity prices, coupled with the impact of the Russia-Ukraine conflict on slowing global growth, have significantly slowed economic growth and th…
The COVID-19 pandemic has pushed tens of thousands of people out of the workforce, which also has a certain impact on the bhutan indian tourist On Monday (local time), the National…
Fuel prices in South Africa have seen their biggest drop in two years since midnight local time on September 6. According to the government's price adjustment plan, the price of 93 and 95 gas…
Affected by the conflict between Russia and Ukraine, this year the European electrolytic aluminum production capacity is declining, as Russia this week stop running indefinitely "Nord stream no. 1" gas pipeline, electricity prices in Europe rose shar…
European fertiliser companies, which rely on natural gas to produce key nutrients, are now having to cut back again. At least a quarter of Europe's nitrogen fertilizer production capacity has been lost, according to media reports. The International F…
France's annual inflation rate hit 6.1 percent in July 2022, rising further from 5.8 percent in June, the highest since July 1985, the National Institute for Statistics and Economics (Insee) said.…
In the European market, due to the heat wave in Europe, the Rhine River, one of the main traffic arteries in Europe, has fallen sharply, causing logistical problems for barges transporting i…
Continental natural gas futures closed up 6.7% Thursday at a record high, with European gas prices already ten times higher than usual for this time of year. Benchmark electricity prices in Europe also hit a new record Thursday, deepening an energy c…
The Nordic electricity market (Nord Pool) is reported as saying that electricity prices in Denmark are now three times higher than they were this time last year. Martin Hansen, deputy hea…
Oil prices plunged on July 5th to their lowest level in nearly three months. By the end of the day, U.S. CRUDE for August delivery was down $8.93, or 8.24%, at $99.50 / BB…
Does the high international oil price have an impact on the market of transit time ?…