Tag: "gas"

Business

Iran Tensions Trigger a 35% Spike in European Gas Prices

The ongoing conflict involving Iran has triggered a significant surge in natural gas prices across Europe, with futures contracts jumping as much as 25%—marking...

Economic

Weather Moderation Drives Down European Gas Futures

European natural gas prices have fallen to their lowest levels in five weeks, driven by forecasts of milder weather. This decline comes as welcome...

Business

Russia’s Gazprom to Cut Gas Supplies to Moldova Starting January 1 Over Disputed Debt

Russia’s state-owned energy giant, Gazprom, has announced it will stop gas supplies to Moldova beginning January 1, 2025, citing unpaid debt as the primary...

Economic

Hurricane Francine Impact: Significant Oil and Gas Production Losses on US Gulf of Mexico

In the aftermath of Hurricane Francine, almost 30% of oil production and 41% of natural gas production in the U.S. Gulf of Mexico remain...

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