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Oil +10%, coal +15%, gas +20% - how high will prices go before demand falls?

Mar. 01, 2022 3:21 PM ETVLO, DVN, SHEL, BTU, PXD, NRT, PSX, CEIXBy: SA News Team170 Comments

Gas station work

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Energy commodities rallied Tuesday, as war in Ukraine showed no sign of slowing. With utilities, refineries and traders scrambling to secure supplies, oil prices traded up ~10%, thermal coal prices rose ~15%, and European natural gas prices spiked ~20%. Following nearly a decade of reduced

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