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The Latest Breaking News from Gas Prices

South Africa 2021 riots: Alleged instigator sentenced to 12 years in prison

In tonight's edition: For the first time, a South African court has sentenced a man to 12 years in prison for inciting unrest. More than 350 people died during days of unrest in 2021 sparked by the incarceration of ex-president Jacob Zuma. Also, with COP28 is set to begin, we…

France 24

US gas prices have fallen or remained steady for 10 weeks straight. Here's why

It’s not just you

The Independent UK

Winter Winds of Change: Why December is the Ideal Time to Sell Natural Gas

Unlocking Winter Profits: Discover the strategic advantages of selling natural gas in December. Explore the seasonal dynamics and data-driven insights that make this month the opportune time for maximizing returns in the natural gas market.

Barchart

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3 No-Brainer Oil & Gas Stocks to Buy in November

Tight supplies due to production cuts and the expected rise in oil and gas demand drive oil and gas prices, benefiting oil and gas companies. Given this backdrop, it could be wise to buy fundamentally strong oil and gas stocks BP p.l.c (BP), Eni (E), and Koninklijke Vopak (VOPKY). Read…

StockNews.com

Gas Prices Still Falling? It Might Be Time For A Road Trip

In some states, gas prices fell to below $3 a gallon, AAA reports.

Kiplinger

Natural Gas Prices: Why There's More Upside on the Horizon

The annual injection season in the U.S. natural gas futures market will end later this month. Injections run from March through November, when the cold temperatures cause inventories in storage across the United States to decline during winter. Natural gas futures have recovered from the 2023 lows, but there could…

Barchart

Bank of England keeps main UK interest rate at 15-year high of 5.25% and cautions over oil prices

The Bank of England kept its main interest rate unchanged at the 15-year high of 5.25% and indicated that borrowing costs will likely remain at these sort of elevated levels for a while yet especially if oil and gas prices increase sharply in light of the conflict between Israel and…

The Independent UK

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Auto gas prices see a hike of ₹3.04/litre, causing discontent among commuters and autorickshaw drivers

OMCs hike auto gas prices by ₹3.04/litre, total hike of ₹11/litre. Commuters & autorickshaw drivers shocked. No meters, drivers charge exorbitant fares. Passengers pay more than meter rate & wait longer for trips. Govt must step in to prevent situation from worsening.

The Hindu

Record rooftop solar slashes wholesale energy prices

Energy demand plunged as mild winter temperatures and record high rooftop solar output slashed wholesale electricity and gas prices, the latest data shows.

AAP

JP Morgan CEO warns world may be facing most dangerous time in decades – business live

Jamie Dimon says war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships

The Guardian - UK

Natural Gas Heads Towards the Peak Season- How High Can It Rise?

The U.S. natural gas futures market is now weeks away from the start of the 2023/2024 peak season, where inventories decline as the demand for heating increases. Natural gas prices have moved higher, breaking out to the upside above technical resistance levels during the first week of October.

Barchart

Energy Select Sector SPDR ETF (XLE) and iShares U.S. Energy ETF (IYE): Do These Energy ETFs Deserve Your Investment?

Tight supplies amid extended output cuts by Saudi and Russia and soaring oil demand worldwide are expected to feed into higher oil and gas prices this year and beyond. Amid this backdrop, let’s find out if energy ETFs Energy Select Sector SPDR ETF (XLE) and iShares U.S. Energy ETF (IYE)…

StockNews.com

Biden Approval Rating Sinks To New Low On Economic Issues

President Biden's approval rating dived as financial stress spiked for Americans amid higher interest rates and gas prices and renewed student loan payments.

Investors Business Daily

Gas prices still drifting lower ahead of OPEC meeting

Prices nationally are still up 20% on the year thanks to $90-plus crude oil prices. And that's how OPEC likes it.

The Street

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The Independent UK

Higher gas prices lift Fed's preferred inflation gauge but underlying price pressures remain mild

An inflation gauge closely tracked by the Federal Reserve accelerated in August, boosted mainly by higher gas prices

The Independent UK

Edmunds: Suffering from gasoline price anxiety? These are the Top 5 hybrids of 2023

Are high gas prices burning a hole in your wallet

The Street

Gasoline prices are falling — for now

The U.S. national average price of gasoline has fallen for six straight days as oil-price jumps have eased. Here's what could come next based on last year's gas price trends.

StockNews.com

3 Energy Stocks to Track for Momentum

Extended production cuts by major oil-producing nations and rising global oil demand have led to higher oil and pump gas prices. Thus, it could be wise to monitor leading energy stocks Archrock (AROC), Halliburton (HAL), and Newpark Resources (NR), which have been displaying solid momentum. Read more….

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Fortune

Chevron CEO says we're headed for oil at $100—but is confident consumers can handle it

Why are gas prices so expensive? When will gas get cheaper? Where can you get the cheapest gas? Here's what you need to know.

StockNews.com

Shell (SHEL), Devon Energy (DVN), and Par Pacific (PARR): Energy Stock Buy, Hold or Sell?

Growing demand worldwide and constrained crude supply aggravated by extended production cuts by Saudi and Russia are expected to push oil and gas prices higher, boosting the energy sector’s prospects. Amid this, let’s find out if you should buy, sell, or hold energy stocks Shell (SHEL), Devon Energy (DVN), and…

The Independent UK

Gas prices drive inflation up 0.6 per cent in August

The increase in prices comes despite interest rate increases from the Federal Reserve

Investors Business Daily

Core CPI Inflation Picked Up In August, But The S&P 500 Is Rising

The CPI inflation rate rose on higher gas prices, while core service prices showed unexpected strength. The S&P 500 rose slightly.

The Street

Inflation rises for second straight month in August on gas price leap

Gas prices powered another increase in headline inflation, but easing core price pressures could provide some relief for the Fed ahead of its rate-setting meeting next week in Washington.

The Independent UK

Higher gas prices likely pushed up inflation in August, though other costs probably slowed

A sharp increase in gas prices likely pushed inflation higher in August compared with a year ago, yet a measure excluding energy and food costs is expected to fall for the fifth straight month, suggesting that the Federal Reserve’s interest rate hikes are still bringing down prices for many goods…

StockNews.com

Top 3 Stocks for the Value Conscious Consumer

Any way you slice it, higher gas prices, higher credit card interest rates, higher mortgage rates…economic times are getting a little tougher. These value oriented grocers are here to help out the little guy who may be struggling, and their stock prices reflect their winning ways in tough times. Next…

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