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European States to Convene on Gas Price Curb

European Union member states are set to convene on Thursday to discuss strategies to curb gas prices. Rising gas prices have not only caused industry shutdowns but also left households struggling to pay their bills. Diplomats are struggling to reach a consensus on how...

U.S. Natural Gas Futures Surge Amid Rising LNG Exports

U.S. natural gas futures surged 10% on Monday, reaching a two-week high. This comes after a higher-than-expected demand for LNG exports for the week was forecast. This rise in demand is largely attributed to the return of Berkshire Hathaway Energy's Cove Point liquefied natural...

U.S. Gasoline Prices Are on the Rise Again

After showing a steady decline for the past three months, gasoline prices in the U.S. are on the rise again. According to data compiled by American Automobile Association (AAA), the national average gas price has increased by 11 cents since the start of the...

European Gas Prices Rise Amid EU Plans and Cool Weather Forecast

European gas prices increased on Wednesday as the European Union announced its plan to raise over 140 billion euros in funds to soften the dealt against consumers by rapidly rising energy prices. According to a statement by European Commission President Ursula von der Leyen,...

European Gas Slumps as Storage Levels Increase

European gas prices fell the most since April, with Dutch front-month futures plummeting by 16%. This news comes as Germany announced that its gas stores had been filled up quicker than expected, with its October target of 85% expected to already be met next...

Bundesbank Believes That German Recession is Likely

Bundesbank stated in its monthly report released on Monday that Germany is increasingly likely to be hit by a recession. The euro zone's largest economy, Germany is facing a skyrocketing inflation rate that is expected to surpass 10% this autumn. Germany's heavy reliance on Russian...