Putin’s War Throws Crucial EU Vote on ‘Green’ Gas Into Doubt
European lawmakers are under pressure from Ukraine to block plans to treat gas as a green asset, plunging into serious doubt an EU Parliament vote that not long ago seemed Continue Reading
Europe Gas Trades Near 4-Month High With Norway, Russia in Focus
European natural gas prices extended gains to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades. Benchmark futures jumped as much Continue Reading
Europe Gas Trades Near 4-Month High With Norway, Russia in Focus
European natural gas prices extended gains to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades. Benchmark futures jumped as much Continue Reading
European Gas Extends Blistering Rally as Supply Woes Deepen
Natural gas in Europe rose to the highest level in almost four months as planned strikes in Norway threaten to further tighten a market that’s already reeling from Russia’s supply Continue Reading
Eurozone inflation hits record 8.6% in June
Price growth in the eurozone hit a record high of 8.6 percent in the year to June, intensifying tensions between rate-setters at the European Central Bank over the speed of Continue Reading
The Great European Energy Market Bailout Is Only Getting Started
Three decades ago, Europe decided to open up its energy markets to foster competition, a move meant to bring lower prices for consumers across the continent. Fast forward to 2022, Continue Reading
EU Imports More U.S. LNG Than Russian Pipeline Gas For The First Time Ever
For the first time in history, U.S. LNG overtakes Russian piped gas in EU. IEA: The drop in Russian supply calls for efforts to reduce EU demand to prepare for Continue Reading
Europe’s Power Prices Surge As Market Fears Worsening Supply Crunch
Electricity prices in Europe are soaring again as the market starts to fear that energy shortages this winter would be much larger than expected a few weeks ago. The German Continue Reading
Euro-Zone Inflation Hits Record in Boost for Big-Hike Calls
First ECB rate increases in over a decade to kick off in July Photographer: Andrey Rudakov/Bloomberg Euro-area inflation surged to a fresh record, surpassing expectations and bolstering calls for the Continue Reading
European Gas Prices Rise as Supply Risks Add to Storage Concerns
Europe may struggle to tap LNNG to replace missing Russian supply. Source: Bloomberg Natural gas prices in Europe increased on Wednesday amid risks that the supply situation could deteriorate as Continue Reading