The Latest Breaking News from Gas Prices

This is the second instalment in our series on where the global economy is heading in 2023, which started with this article on global inflation.

Drop in wholesale gas prices means the cost to the government of the energy price guarantee will be reduced

A 12-month cap on the price of gas has begun as part of the federal government's energy relief measures agreed by state and territory leaders.

Venice glassblowers struggling with soaring energy prices are set to get government support for the "jewel" of Italy's manufacturing sector, known world over for the colours and sophistication of its art.

Cornwall Insight says the market may not get back to pre 2021 levels for the rest of the decade

After months of negotiations, European Union energy ministers have agreed to a price cap for natural gas at 180 euros per megawatt hour. The issue has split the bloc, and the agreement drew an immediate warning from Russia, which has cut off most of its gas deliveries to Europe.

Energy has outperformed the broader market this year. Despite the recent decline in oil and gas prices from their peaks, analysts remain bullish on the sector’s performance next year. Thus, as we head into the new year, it could be wise to buy fundamentally sound energy stocks Shell plc (SHEL)…

The 27-nation bloc has agreed to trigger a cap if gas prices exceed 180 euros per megawatt hour for three days.

European Union energy ministers on Monday agreed a gas price cap, after weeks of talks on the emergency measure that has split opinion across the bloc as it seeks to tame the energy crisis. The cap is the 27-country EU's latest attempt to lower gas prices that have pushed citizens'…