Coal remains the dominant fuel for power generation in the United States and in many other countries as well.
Read MoreDay: March 12, 2023
Asian Spot LNG Prices Hit 20-Month Low, Incentivizes Chinese Return
Asian spot condensed flammable gas (LNG) this week hit its most minimal level since July 2021 on muffled request, yet such low levels have boosted the arrival of a few Chinese players to the market, which whenever supported could fuel rivalry with Europe.
Read MoreU.S. Recession Fears Put Oil Prices On Course For Significant Weekly Drop
Fears of a stoppage in the U.S. economy have constrained raw petroleum costs, setting them for what could turn out to be their most terrible week after week execution in five weeks.
Read MoreChina Is Importing Less Iranian Crude As It Buys More Russian Barrels
Russian unrefined petroleum brings into China have diminished the country’s admission of Iranian rough, Hellenic Transportation News announced, refering to information from shipbroker Xclusiv.
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