Commercial crude stocks climb 8.23 million barrels Refinery demand drops 230,000 b/d Gasoline stocks draw ahead of July 4 holiday US crude oil inventories realized a counter-seasonal build during the Continue Reading
Deficit to five-year average trimmed to 12.2% Injection undershot survey expectations of 73 Bcf NYMEX Henry Hub August soars in post-report trading US natural gas working stocks rose by 60 Continue Reading
U.S. employers likely downshifted their pace of hiring in June, but to a level that remains solid despite fears that the economy faces the growing risk of a recession . Continue Reading
Democratic leaders are racing to finalize a revised proposal to tackle climate change and jump-start the nation’s transition to clean energy, part of a larger sprint to strike a deal Continue Reading
Highlights Triple-digit high temperatures forecast Day-ahead trading up sharply Power burn likely above five-year average The Electric Reliability Council of Texas on July 7 forecast record peakloads July 8-12, as Continue Reading
The Netherlands has met a goal of ending its dependence on Russian gas, its energy minister told Reuters in an interview, but as a major storage and transport hub, it Continue Reading
Germany’s largest residential landlord Vonovia (VNAn.DE) will reduce heating for tenants in many of its apartments at night, as Europe’s biggest economy braces for a possible gas crunch with falling Continue Reading
France could requisition gas-powered electricity generation plants if gas supplies were threatened or order power generation operators using gas to restrict or even suspend operations in case of crisis, according Continue Reading
Norwegian hydropower producers are cutting output in southern Norway this summer to save water for the winter, fearing a looming supply crunch after a prolonged period of dry weather diminished Continue Reading
Highlights NBP front winter hits 443 p/th intraday July 7, TTF Eur182/MWh Contract up sevenfold on year as prompt spikes transposed Four distinct spikes since 2021 as pipeline supply sharply Continue Reading
