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The Latest Breaking News from Gas Prices

PrepayPower announce €750 hike in gas and electricity prices

The provider’s electricity prices will rise by 19 per cent, while gas prices will rise by 29 per cent, resulting in an additional €339 to the average electricity bill and €428 to the average gas bill

Dublin Live

PrepayPower announce price hikes for electricity and gas customers from October 1

The increase will see electricity prices rise by 19 per cent, while gas prices will rise by 29 per cent

Irish Mirror

Why are energy bills increasing?

Squeeze on wholesale gas prices around the world driving up household bills

The Independent UK

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read the most diverse news in one place.

Energy crisis: why the UK will be at the mercy of international gas prices for years to come

The UK is trying to ensure households and businesses have enough energy this winter by turning to international markets buoyed by booming US liquefied natural gas (LNG) supply, and reinstating retired storage capabilities. But the impact of Russia’s recent decision to switch off its Nord Stream 1 pipeline has proven…

The Conversation

U.S. Gas Prices Fall To Pre Russia-Ukraine Levels As Oil Extends Slump

Gas prices have fallen for 11 consecutive weeks, taking the national average to around $3.81 per gallon and saving American drivers around $450 million each day.

The Street

Stocks Hold Steady, ADP Jobs Data, Gas Prices, HP & Snap In Focus - Five Things To Know

Stock futures steady as jobs data stokes rate bets; ADP employment report returns ahead of Friday payrolls; Gasoline futures fall to pre-Russia/Ukraine levels; HP stock slides on weak pc market outlook and Snap tumbles after key ad execs decamp to Netflix.

The Street

Wholesale UK gas prices fall sharply ahead of interventions

But they are still 12 times higher than they were at the start of 2021

Wales Online

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Is Devon Oil a Better Energy Play Than Marathon Petroleum?

Elevated oil & gas prices have been helping energy companies thrive, with oil producers' free cash from operations increased significantly this year. Therefore, Marathon Petroleum (MPC) and Devon Energy (DVN) beat the market volatility. But which of these stocks is a better choice for investors? Read more to find out….

StockNews.com

Wholesale gas prices tumble as Europe prepares to intervene in energy markets

European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform

The Guardian - UK

Explainer-How could Europe cap surging energy prices?

The European Union is preparing emergency plans to cap gas prices or separate power prices from the soaring cost of gas - as well as longer-term reforms aimed at ensuring electricity prices reflect cheaper renewable energy.

Reuters

Inflation could rise to 22% in the UK if gas prices fail to drop, Goldman Sachs warns

Inflation is tipped to increase after the energy price cap rises from £1,971 to £3,549 on October 1

Evening Standard

Why are energy bills increasing?

Squeeze on wholesale gas prices around the world driving up household bills

The Independent UK

Pub and brewery bosses warn over mass closures due to soaring energy bills

Rising gas prices following the invasion of Ukraine by Russia have contributed to rocketing energy bills for operators.

Birmingham Post

Republican senator suggests Biden using Mar-a-Lago raid to distract from falling gas prices

Ernst’s talking points come as prices have dropped for weeks

The Independent UK

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The Independent UK

EU, German leaders pledge reform to cut electricity prices

The head of the European Union’s executive branch and Germany's chancellor have pledged a reform of the continent’s electricity market to help bring down power prices that have been pushed higher by skyrocketing gas prices

The Independent UK

Why are energy bills increasing?

Squeeze on wholesale gas prices around the world driving up household bills

Asharq Al-Awsat

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to support prices, coupled with conflict in Libya and rising demand amid soaring natural gas prices in Europe, helped offset a dire outlook for US growth. US West Texas Intermediate (WTI) crude futures jumped $1.09,…

The Independent UK

Why are energy bills increasing?

Squeeze on wholesale gas prices around the world driving up household bills

Get all your
news in one place.

100’s of premium titles.
One news app.

Wales Online

Price cap experts forecast £7,700 average bills for households next year

People are already paying more than every before for their gas and electricity

The Independent UK

Why are energy bills increasing?

Squeeze on wholesale gas prices around the world driving up household bills

The Guardian - US

Will Joe Biden’s gamble on big oil pay off in leveling gas prices?

After begging the industry to increase supply, the White House used its reserve to strategically set fuel prices

The Street

Falling Gas Prices are Making Consumers Feel a Little Better

Consumers spent less money on gasoline and clothing in July, but still bought furniture.

StockNews.com

Forget Southwestern Energy, These 2 Sub-$10 Energy Stocks Are Better Buys

Southwestern Energy (SWN) has gained significant momentum this year amid the skyrocketing oil and gas prices. However, considering its bleak fundamentals, we think investors could instead consider investing in quality under-$10 energy stocks Birchcliff (BIREF) and Amplify (AMPY). Keep reading….

The Independent UK

UK faces ‘catastrophe’ after energy bills soar 80% amid warning price cap could hit £7,000

Experts warn bills could be pushed even higher without urgent intervention as gas prices continue to rise

StockNews.com

Bad, Better, Best: How Should You Play These Oil & Gas Stocks?

Oil prices remain elevated on robust U.S. fuel consumption and tight supply outlook. On the other hand, U.S. natural gas prices skyrocketed to a 14-year high earlier this month on high summer demand. However, not all oil and gas stocks are expected to benefit from the high prices. While we…

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