Russia will not supply oil to the countries that maintain a price ceiling, according to the Russian Deputy Foreign Minister, Andrey Rudenko.

Russia has emerged as one of the beneficiaries of the war, with the conflict lifting crude prices and Washington easing long-standing curbs on its exports.

Coal is already the dominant fuel in Asia’s power mix, making up well over 40%-50% across the region, and it has long been more cost-competitive than gas

Front-month futures on the Dutch Title Transfer Facility (TTF) are trading at the lowest for more than 18 months around €29 per megawatt hour down from more than €58 at one point in February.

The agreement provides a framework for collaboration on innovative nuclear technologies that can help countries across Asia and the Pacific diversify their energy mix and meet growing power demand.

Southeast Asia remains highly dependent on imported fossil fuels, with such energy sources – especially coal – making up nearly 80% of the region's rising energy demand since 2010

The murky waters are filled with Broken Oars for the start of the month in #NaturalGas as we enter the drastic weather changes season.There is a disparity of weather patterns from the 5-year average.

Russia ranks third globally in coal reserves (182 billion tons) and is the sixth-largest coal producer in the world (accounting for 4.5% of global coal production). Russia’s coking coal is typically used in metallurgy production such as steel manufacturing.

Asian LNG re-exports have continued to outmatch reexports from Europe so far in 2024, maintaining Asia's stronger reexport trend that emerged in 2023,

Asian demand has also led to Saudi Aramco's optimism about the global oil market's prospects for the rest of the year, its CEO Amin H. Nasser said at the conference, adding that oil market fundamentals remain "generally sound".