Page 4 - Commodity Intelligence Services News Today

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Von der Leyen’s promised reform luckily shies away from the most radical calls for change. Under the current system, wholesale electricity prices are set by the most expensive energy source, which last year was ballooning gas.

LONDON, Feb. 23, 2023 /PRNewswire/ -- ICIS, a global source of Independent Commodity Intelligence Services, announces a new pricing service for German LNG, providing detailed insight for customers

The vinyl chlorine monomer (VCM) spill won’t have a measurable impact on supply of the material, which is a key ingredient of PVC.

Mild weather this winter is set to help Europe shrug off Russia’s energy threats next year, too.

A few months ago, there were fears of energy shortages this winter caused by disruptions to Russian pipeline supplies.

China's demand for liquefied natural gas is expected to rise in 2023, and use of the super-chilled fuel is forecast to pick up as additional measures have helped the economy to recover, industry experts said.

France knew economic sanctions were inevitable for Russia when it invaded Ukraine in late February. So it hoarded Russian liquefied natural gas (LNG) in the early stages of the conflict. A report [...]

Natural gas prices are below what they were when Russia launched its full-scale invasion of Ukraine — but it’s still too early to celebrate.

The global gas market continues to focus on the newly-agreed European cap on natural gas prices. The regulatory moves from the European Union fuelled the volatility on the European market, leading the TTF to rise on the news before falling consecutively session after session. The mild temperatures for the time of year in Europe and strong LNG flows also added to the bearish sentiment.