Highlights July spot gas more-than-double from July 2020 September forecast mitigates gas strength Coal plants’ share generally increases Sharply higher natural gas prices outweighed lighter loads to boost day-ahead on-peak bilateral indexes across the Southeast US in July, compared with July 2020, and September forward

Highlights NWE HRC spot prices average Eur1,172.64/mt in July Met coal, scrap, iron ore pellet costs rise Iron ore lump falls The European hot-rolled coil steel to raw materials price spread edged lower in July as higher coking coal, iron ore pellet and scrap prices

Highlights CEO details decarbonization plans after climate pushback Woods takes cautious tone, saying projects will take time ExxonMobil pumped 400,000 b/d of oil equivalent from the Permian Basin in Q2 021, which it aims to increase by 40,000 boe/d in Q3 through continued operating efficiencies,

Highlights Current prices do not incentivize power sector decarbonization Price discovery needs variety of free market forces to operate Carbon market design conducive to policy-driven price signals China’s carbon price was steady at $7.88-$8.76/mt since the launch of its carbon market on July 16, which

Highlights Coal volumes jump 55% on year Long-term coal market remains challenged Norfolk Southern’s coal revenues and volumes jumped during the second quarter, and railroad executives remain positive about its coal segment through the second half of the year given increased demand, they said on