Even before home energy costs began spiking this winter, David Moon had faced eye-popping bills to keep his Westchester, New York, house warm as his monthly heating oil tab approached Continue Reading
US stocks have suffered the worst streak of weekly losses in more than a decade after days of tumultuous trading surrounding the Federal Reserve’s decision to raise interest rates by Continue Reading
Hundreds of feet below a remote forest near Hudson Bay, Serge Abergel inspected the spinning turbines at the heart of the biggest subterranean power plant in the world, a massive Continue Reading
Highlights Lake Powell water supply forecast at 59% of normal Lower Colorado River Basin ranges from 58% to 97% June on-peak power forwards reach package highs May 5 Southwestern snowpack Continue Reading
The European Commission has proposed changes to its planned embargo on Russian oil in a bid to win over reluctant states, three EU sources told Reuters on Friday. The tweaked Continue Reading
Highlights 114 arrivals last month, compared to 94 in March Russia supply uncertainty prompts cargo deliveries The number of LNG ships arriving into Europe rose more than 20% in April Continue Reading
President Vladimir Putin will send a “doomsday” warning to the West when he leads celebrations on Monday marking the 77th anniversary of the Soviet Union’s victory over Nazi Germany, brandishing Continue Reading
Russia narrowly avoided a debt default last week, but markets are still priced like it’s on the brink. Bonds are stuck at distressed levels and five-year credit default swaps put Continue Reading
Crude oil futures climbed for the third straight session during mid-morning Asian trade on May 6, erasing earlier losses, as concerns lingered over the prospect of tighter supply after the Continue Reading
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned prices ahead of an impending European Union Continue Reading
