Commodity analysts at Standard Chartered have pointed out that the price undershooting was the consequence of markets being dominated by a combination of extreme macroeconomic pessimism; speculative shorts and over-enthusiastic algorithmic trading
Spanish natural gas grid operator Enagas has said that the volume of liquefied natural gas (LNG) vessels loaded in Spain and setting sail for Europe doubled in 2022
After delaying a vote on Wednesday due to disagreements among member states, member nations of the European Union are hoping to strike a deal on a price cap for Russian oil products this Friday