European gas prices have soared as flows from Russia through the Nord Stream 1 pipeline stay low, exacerbating the region’s energy woes, a report by Rystad Energy showed. Norwegian exports to the UK also slipped due to a breakdown at the Sleipner export hub, which...

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Russian oil production is set to drop by 20% next year as the European Union’s import ban on Russian oil-product shipments kicks in, according to the International Energy Agency (IEA). The Paris-based agency said on Thursday that gradual monthly declines in output...

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Dalian and Singapore iron ore futures fell on Friday, reversing gains in the previous session, as traders weighed demand prospects in top steel producer China that has been plagued with a debt crisis in its real estate industry. The most-traded iron ore, for delivery...

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Germany’s Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia’s Woodside for U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said. The strategy reflects efforts by companies and governments across Europe...

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