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LATEST

Equinor, Aker BP and Vår Energi launch multi-year hunt for Norway’s next big oil & gas discoveries●U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more'●ECOWAS: West Africa remains Africa’s most stable region despite terrorism●US stock market today: Wall Street futures slip as tech rout, Iran tensions and bond yields weigh●Coinbase-backed crypto advocacy group endorses 32 US midterm candidates●Billionaire Ron Baron makes $24.9 billion bet on controversial giant●Shein is launching its long-awaited Hong Kong IPO at a fraction of its 2022 valuation●India lenders' dollar debt sales top $10 billion since RBI window, ICICI Bank beats peer to lead pack●Equinor, Aker BP and Vår Energi launch multi-year hunt for Norway’s next big oil & gas discoveries●U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more'●ECOWAS: West Africa remains Africa’s most stable region despite terrorism●US stock market today: Wall Street futures slip as tech rout, Iran tensions and bond yields weigh●Coinbase-backed crypto advocacy group endorses 32 US midterm candidates●Billionaire Ron Baron makes $24.9 billion bet on controversial giant●Shein is launching its long-awaited Hong Kong IPO at a fraction of its 2022 valuation●India lenders' dollar debt sales top $10 billion since RBI window, ICICI Bank beats peer to lead pack●

Commodities

Japan Power Prices Surge to Highest Since 2023

Oilprice.com · 1h ago · 🇯🇵 Japan

Japan Power Prices Surge to Highest Since 2023

Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heatwave pushed up prices and consumption. The day-ahead power price in Japan has jumped to $0.16 (25.18 Japanese yen) per kilowatt-hour (kWh) on Monday, per data from the Japan Electric Power Exchange cited by Bloomberg. The heatwave in Japan is set to intensify later this week, with temperatures peaking on Wednesday, according to weather…

Read the full story at Oilprice.com →

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