European gas and power prices have rocketed this year as Russia cut fuel exports to retaliate for Western sanctions over its invasion of Ukraine
Shaky Ground: Price hikes, too, may imperil demand
Export ramp-up and import substitution are key triggers
Putin has warned that contracts could be discarded in the event of price caps
The Dutch TTF October gas contract had eased to 256 euros, up 23 per cent on the day by 0723 GMT but almost 400 per cent higher than a year ago.
European gas prices surged after Moscow's move to shut a major pipeline ramped up fears of a prolonged supply halt, leaving Germany once again guessing as to how much Russian fuel it can count on
Gas prices in Europe are more than twice as high as before the start of the Russia-Ukraine conflict in late February
The forecast by economists, if it proves correct, would raise hopes that inflation might have peaked and that the run of punishingly higher prices is beginning to ease slightly
Analysts have lowered their earnings estimates, but have 'buy' recommendations for several stocks
Ukraine forces hit key bridge in Russian-occupied south
The company boosted gas supplies to Europe by 18% in the April-June period compared to a year ago
The cost of filling a car's tank, getting to work and cooking dinner has spiked
The nationwide average price for a gallon of gasoline has topped $5 for the first time ever
President Joe Biden is leaning towards making a visit to Saudi Arabia a trip that would likely bring him face-to-face with the Saudi crown prince he once shunned as a killer.
Ukraine said on Tuesday it would suspend the flow of gas through the Sokhranovka transit point.
In a month, the CNG prices have been revised seven times, which comes on the back of a surge in gas prices globally
Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months
US President Joe Biden announced that his administration will release 1 million barrels of oil per day for the next six months from its strategic reserve in an effort to tame elevated gas prices.
President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, in a bid to control energy prices that have spiked
Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said.