Latest in Gas Prices Surge
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European gas prices surge on potential disruption from Russia
Austria’s OMV warns Gazprom could halt supplies following arbitration rulingWorld - Financial Times - 14 hours ago -
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.Business - The New York Times - October 23 -
Don’t be beguiled by the apparent calm reigning in US bond markets
The outcome of the presidential election could yet cause a crisis of confidenceBusiness - Financial Times - October 25 -
European gas prices hit peak for year on Norwegian production outage
Increase highlights continuing vulnerability of market to supply disruptionsWorld - Financial Times - October 25 -
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices
Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.Business - The Wall Street Journal - October 31 -
California air regulators approve controversial standards that could affect gas prices
California regulators have approved plans to strengthen the state's carbon reduction standards — a move that opponents fear could drive up gasoline prices. The decision, which occurred following a ...Politics - The Hill - 3 days ago -
Gas prices at one-year high in Europe amid Russian supply threat
Gazprom could stop flow of gas into continent as result of their legal battle with Austrian company OMV. Europe’s gas market rose by as much as 5% on Thursday to its highest price in a year after ...World - The Guardian - 11 hours ago -
Kroger and Walmart Deny ‘Surge Pricing’ After Adopting Digital Price Tags
Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the technology has not raised customers’ grocery bills.Business - The New York Times - October 23 -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...Politics - The Hill - October 16 -
Falling oil prices may help push gas below $3 a gallon for the first time since 2021
The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after ...Business - MarketWatch - October 28 -
Gas price fears drive pushback against California plan to overhaul climate program
California's Republican representatives in Congress are pushing back against state plans to tighten carbon reduction policies, arguing that doing so would cause a sharp rise in gasoline prices. All ...Politics - The Hill - October 29 -
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.Business - CNBC - October 16 -
Kroger Says It Isn’t Doing Surge Pricing—So Why Are Customers So Upset?
More companies are testing new technologies that enable them to do dynamic pricing, even though customers hate it.Business - Inc. - October 16 -
Rep. Rashida Tlaib accuses Kroger of using facial recognition for future surge pricing
The Michigan Democratic released a letter to Kroger on Wednesday accusing the grocery giant of using technology that could lead to price gouging.Sports - Yahoo Sports - October 16 -
Nuclear-energy ETFs surge as uranium prices remain rangebound. Is now a good time to invest?
ETFs that track uranium miners and nuclear-energy stocks have skyrocketed in October, as some of the largest tech companies have tapped into nuclear power to fuel data centers as part of their AI ...Business - MarketWatch - October 18 -
Trump's social media company is now worth more than Musk's X after recent surge in stock price
Donald Trump’s Truth Social is now worth more than Elon Musk’s XTech - ABC News - October 29 -
Oil prices settle higher but stay on track for a weekly loss
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...Business - MarketWatch - 6 hours ago -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...World - The Guardian - November 6 -
Adnoc Gas Expects Earnings Boost From Rising Gas Demand
Adnoc Gas, one of the world’s biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas.Business - The Wall Street Journal - 3 days ago -
Does the EU have a strategy for gas?
One of the largest US LNG producers is pitching flexible contracts to help the bloc diversify its energy mixWorld - Financial Times - October 29 -
Trump’s mixed signals for gas market
Incoming administration’s policies might eventually lead to decrease in US LNG exports to EUWorld - Financial Times - Yesterday -
Legal challenge to Rosebank oil field begins
Campaigners want to stop the Rosebank oil and Jackdaw gas fields, but oil companies say they are vital.Top stories - BBC News - 2 days ago -
How oil and gas companies disguise their methane emissions
FT analysis shows that firms regularly hide leakages of the deadly greenhouse gas — despite this being one of the easiest climate fixes there isBusiness - Financial Times - 2 days ago -
Oil and gas are a 'gift of god', says COP29 host
Azerbaijan's president said countries should not be blamed for having fossil fuel reserves.Top stories - BBC News - 2 days ago -
Polio cases surge in Pakistan
Prior to the latest surge in infections, Pakistan was on the verge of eradicating the disease.Top stories - BBC News - October 20 -
Cop29 host Azerbaijan set for major fossil gas expansion, report says
Exclusive: Those with ‘interest in keeping world hooked on fossil fuels’ should not oversee climate talks, say report authors. Azerbaijan, the host of the Cop29 global climate summit, will see a ...World - The Guardian - October 23 -
European gas industry abandons deal to retrain workers for low carbon economy
Commission-backed agreement between industry and unions was meant to help with job protectionWorld - Financial Times - October 27 -
BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas
The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.Business - The New York Times - October 29 -
What the presidential election means for gold, oil, natural gas and other commodities
The U.S. election outcome isn’t likely to have a big impact on commodities such as energy, metals and grains in the short run, but oil and natural gas could be influenced in the years to come by ...Business - MarketWatch - October 31 -
Gas explosion in southern Russia kills 5 people and injures another 4
A gas explosion in a residential building in southern Russia has killed five people and injured another fourWorld - ABC News - October 31 -
The UAE opens its annual oil-and-gas summit, pledging to increase output
The United Arab Emirates has opened its annual oil-and-gas summit as it plans to increase energy output even as global prices have fallenWorld - ABC News - November 4 -
Canada Announces Carbon Emission Caps for Oil and Gas Sectors
The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases.World - The New York Times - November 4 -
Canada Sets Preliminary Rules for Oil-and-Gas Carbon-Emissions Cap
The cap on energy-sector emissions is a longstanding promise from Canada’s Liberal government. The Business Council of Canada said the cap would pose a headwind for an economy struggling to record ...Business - The Wall Street Journal - November 4 -
UK pays more than EU for gas as winter looms
High transmission costs and global shortage of LNG push gap over European prices to widest since late 2021World - Financial Times - November 5