The share of the power market handled by brokers declined to a record last year as the proportion bought and sold on exchanges rose.
Spain overtook Norway last month to become the region’s biggest exporter of liquefied natural gas. The southern European nation has never produced any of the fuel.
A contract for France’s largest natural gas company to buy the commodity from Azerbaijan shows the decades-old structure of Europe’s energy market is starting to crumble.
Petroleo Brasileiro SA probably has enough surplus electricity to meet almost half the needs of Brazilian distributors in an auction scheduled for April 30, according to a power trading company.
Taiwan dollar forwards headed for the biggest three-day advance since July as the Federal Reserve eased concern it may raise interest rates earlier than anticipated, boosting the appeal of emerging-market assets.
Indian rupee forwards traded offshore rose on optimism Asia’s relatively fast economic growth will attract capital inflows.
Technology is catching up with Thomas Edison’s electricity industry, eating away at the utility business model that hasn’t changed much in a century.
Ethanol futures fell to a six-week low in Chicago on speculation that higher prices in recent weeks prompted blenders to sign deals for imports.
India’s rupee forwards rose for a second day as speculation an increase in U.S. borrowing costs may be pushed back boosted India’s yield advantage over developed-nation debt.
Ethanol advanced for the first time in three days on speculation that rail congestion hampering production and supply will take some time to ease.