Gas Prices For US Consumers Reach Two-Year Low As Holiday Travel Season Approaches Record domestic oil output is driving down gas prices. International Business Times · Dec 13, 2023
US consumer inflation eased slightly last month as gas prices fell, though some costs kept surging The mixed picture in Tuesday’s inflation report will likely keep the Federal Reserve on track to leave its benchmark interest rate unchanged when its latest meeting ends Wednesday. Chicago Sun-Times · Dec 12, 2023
U.S. Natural Gas Prices Are Down, Supplies Are Up: The Kiplinger Letter U.S. natural gas prices are down from last year, while production and exports keep hitting new highs. Kiplinger · Dec 12, 2023
Why are Natural Gas Prices So Low? The peak demand season in the natural gas market begins in late November and runs through March when heating demand peaks. After rising from March through November, the natural gas in storage across the United States falls during the winter when the price tends to reach seasonal highs. In early… Barchart · Dec 6, 2023
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 · Nov 29, 2023
US gas prices have fallen or remained steady for 10 weeks straight. Here's why It’s not just you The Independent UK · Nov 29, 2023
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 · Nov 27, 2023
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 · Nov 9, 2023
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 · Nov 3, 2023
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 · Nov 3, 2023
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 · Nov 2, 2023
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 · Nov 1, 2023
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 · Oct 18, 2023
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 · Oct 13, 2023
Barchart · Oct 6, 2023 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.
StockNews.com · Oct 4, 2023 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)…
The Independent UK · Sep 29, 2023 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 · Sep 27, 2023 Edmunds: Suffering from gasoline price anxiety? These are the Top 5 hybrids of 2023 Are high gas prices burning a hole in your wallet
StockNews.com · Sep 20, 2023 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….
Fortune · Sep 20, 2023 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 · Sep 14, 2023 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 · Sep 13, 2023 Gas prices drive inflation up 0.6 per cent in August The increase in prices comes despite interest rate increases from the Federal Reserve
The Independent UK · Sep 13, 2023 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 · Sep 12, 2023 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…
Barchart · Sep 12, 2023 Down 33% YTD, Will Natural Gas Prices Recover in 2023? The 2023 summer has ended, and the temperatures will cool over the coming four months as the winter approaches. Winter is the peak season for natural gas demand. While it remains to be seen if the 2023/2024 coldest months are above or below the average, the uncertainty of natural gas…