CONSOL Energy’s Winning Streak Could Continue In 2023

CONSOL Energy’s Winning Streak Could Continue In 2023

Summary CONSOL Energy Inc. is up more 200% in 2022 thanks to the unprecedented surge in the price of coal that has led to record earnings and cash. With coal demand expected to stay elevated in 2023 and CONSOL Energy looking to ramp up production next year, it is likely that its strong financial performance […]

Global coal use is on course to hit all-time high this year, IEA says

KEY POINTS Global coal use is slated to increase by 1.2% to hit a record high this year, according to a report from the International Energy Agency. The price of fossil fuels has seen a substantial jump this year, the IEA says, “with natural gas showing the sharpest increase.” “This has prompted a wave of […]

U.S. Coal Exports To Europe Up 46% By Weight, 184% By Value

Europe is buying almost 50% more U.S. coal as winter approaches and the Russian invasion of Ukraine drags on, increasing the percentage of U.S. coal shipped to Europe to the highest level since 2016. The overall value of U.S. coal exports to Europe has risen significantly more, up 184.21%, according to the latest Census Bureau […]