Articles by Richard Soultanian

Richard Soultanian

Articles, updates, and energy industry insights written by Richard Soultanian


Energy Insights & Analysis / Global

Top 3 Energy Procurement Mistakes and How to Avoid Them

Avoid costly mistakes in energy procurement. Learn why delaying decisions increases risk and how early planning lowers energy costs with NUS Consulting Group.

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Energy Market & Pricing Updates / United States

PJM Capacity Auction 2026/27: Prices Surge to $329.17/MW/Day

PJM's 2026/27 capacity auction cleared at $329/MW/day, signaling higher electricity costs ahead. Learn how price caps, demand growth, and supply shifts affect businesses.

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Energy Insights & Analysis / United States

US Natural Gas Contracts and Basis

Learn how US businesses manage natural gas costs through deregulated markets, contract options, and smart risk strategies like NYMEX and basis hedging.

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Energy Insights & Analysis / United States

US Strikes Iran's Nuclear Sites

U.S. bombers struck Iran's key nuclear facilities over the weekend, escalating tensions in the Israeli-Iranian conflict. As global markets brace for energy price surges, uncertainty looms over Iran's response and the potential closure of the Strait of Hormuz.

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Energy Insights & Analysis / Global

The Difference Between Energy Brokers and Consultants

A question that we get asked frequently is - what is the difference between an energy consultant and a broker?

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Energy Market & Pricing Updates / Global

OPEC Kicks the Can (Again)

This weekend, OPEC convened its 37th OPEC and non-OPEC Ministerial Meetings (ONOMM). In truth, OPEC meetings have become a bit of a non-event lately, largely because the group has extended existing cuts for the past several meetings, awaiting global demand to firm.

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Energy Market & Pricing Updates / Global

2024 US Elections and the Global Energy Market

United States elections are now approximately six months away, and time has an interesting way of passing quickly, particularly when some of the months include a summer holiday period. So, it is not too early to start thinking about the impact of the upcoming US presidential election on the global energy markets.

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Energy Market & Pricing Updates / Global

Price Depends on Growth

With the geopolitical landscape in the Middle East remaining relatively calm for the time being, we can shift our focus to global energy market fundamentals.

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Energy Market & Pricing Updates / Global

Israel Strikes Iran

Late last week, the escalating conflict between Israel and Iran took an unusual turn.

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Energy Market & Pricing Updates / Global

Iran Responds

It has been two weeks since Israel's airstrike against Iran's embassy in Syria that killed several senior members of the country's Revolutionary Guard.

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Energy Market & Pricing Updates / Global

Israel Attacks Iran in Syria

Today, several senior members of Iran's Revolutionary Guard were killed in an air strike on Iran's embassy compound in Damascus, Syria. One of those killed was Brigadier General Mohammad-Reza Zahedi, a prominent commander in Iran's Revolutionary Guard.

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Energy Market & Pricing Updates / Global

Crude Oil Gains Momentum on Geopolitical Risk

Crude oil markets have been gaining momentum. Since the start of the year, crude prices have increased by approximately 15 percent. Several factors seem to be driving crude oil prices, but the principal one is geopolitical risk.

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