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A dozen EU countries affected by Russian gas cuts, EU climate chief says
By Kate Abnett BRUSSELS (Reuters) – A dozen European Union countries have now been affected by cuts...
23rd June, 2022
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As Russia cuts gas, German industry grapples with painful choices
By Patricia Weiss and Christoph Steitz FRANKFURT (Reuters) – The German companies that drive Europe’...
23rd June, 2022
Investing
Oil slumps over 6% as Biden set to cut fuel costs for drivers
By Shadia Nasralla (Reuters) -Oil prices tumbled on Wednesday on news of a plan by U.S. President Jo...
22nd June, 2022
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Explainer-Why is there a worldwide oil-refining crunch?
By Laura Sanicola (Reuters) – Drivers around the world are feeling pain at the pump with fuel prices...
22nd June, 2022
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Germany sets out ways to cut gas usage amid Russia supply crunch
By Vera Eckert and Ludwig Burger FRANKFURT (Reuters) -Germany’s energy regulator on Tuesday outlined...
21st June, 2022
Investing
Oil climbs $2/bbl on strong demand, tight supply
By Arathy Somasekhar HOUSTON (Reuters) -Oil rose $2 per barrel on Tuesday on high summer fuel demand...
21st June, 2022
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Germany risks recession as Russian gas crisis deepens
By Rachel More and Stine Jacobsen BERLIN/COPENHAGEN (Reuters) -Germany faces certain recession if al...
21st June, 2022
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Spain readies new tax on electric utilities’ profits
MADRID (Reuters) -The Spanish government is readying a new tax on electricity utilities’ profits, wh...
21st June, 2022
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No need for highest German alert over gas supply, sector lobby says
ESSEN (Reuters) – Germany does not need to move to its highest emergency plan to prepare for possibl...
21st June, 2022
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Vitol CEO says more Russian crude and products set for Asia in 2023
DOHA (Reuters) – More Russian crude oil and products will head to Asian markets in 2023 while Europe...
21st June, 2022
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Oil prices fall as recession fears trump tight supply
By Rowena Edwards LONDON (Reuters) -Oil prices fell on Monday, continuing last week’s losses as conc...
20th June, 2022
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Europe may shift back to coal as Russia turns down gas flows
By Vera Eckert and Francesca Landini FRANKFURT/MILAN (Reuters) – Europe’s biggest Russian gas buyers...
20th June, 2022