The Russian rouble dipped beyond the notable mark of 100 per dollar, but rebounded slightly during early transactions, as Moscow grapples with a diminishing current account surplus.
Oil prices remain stable at levels close to 10-month peaks.
On Monday, the standard oil price remained steady, maintaining its position above $90 a barrel, a level not seen in the last 10 months. This surge was influenced by recent
Electricity from wind is not cheap, and it might never be
The parliamentarians prompting Rishi Sunak to reconsider his stance on onshore wind power frequently echo the wind industry’s catchphrase: “Wind is affordable.” Sir Alok Sharma claims it’s “affordable, green, and
Russia gas price seen much lower for China than for Europe
The anticipated price of Russian pipeline gas for China is set to decrease over the upcoming years. This price is considerably lower than what Moscow offers to Europe, as indicated
Gas prices rise as workers begin strikes at two key Chevron facilities in Australia
European gas prices have surged as employees at two prominent Chevron sites in Australia initiated limited strikes following unsuccessful negotiations.
Russia attempts to stabilize the rouble amidst Western sanctions’ impact
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.
Oil prices surge as Saudi Arabia prolongs production reductions.
The price of oil saw a significant rise following Saudi Arabia’s decision to extend its voluntary oil production cut of 1 million barrels per day until the year’s end, as
UK Households warned ‘era of cheap energy is over’ as bills forecast to rise
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.
Oil prices remain close to 10-month peaks following Saudi production reductions.
Oil prices remain near their 10-month peak, with recent data showing that Saudi Arabian supply reductions have balanced out the increased production from countries like Iran.
National Grid will compensate households for reducing their electricity consumption on at least 12 occasions this winter.
The National Grid has announced that, in a bid to ensure uninterrupted power across Britain this winter, it will offer compensation to households that reduce their electricity consumption.
LNG workers at Chevron in Australia permit union to initiate a strike.
Chevron’s LNG production in Australia may face interruptions as a recent worker vote approved union-led industrial action if required.