Energy Prices (Daily Change)
| Up/Down | Price | Change | |
|---|---|---|---|
| Crude Oil | ↓ | 84.58 | -.47 |
| Heating Oil | ↑ | 3.9201 | +.0878 |
| RBOB Gasoline | ↑ | 2.7302 | +.0682 |
| Natural Gas | ↑ | 5.199 | +.240 |
All prices updated at end of day using CME settlements.
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A lot has changed in the natural gas markets, both US and Europe, over the last few months.
TTF gas prices have collapsed, bringing a deep sigh of relief to Europeans going into winter.
In the short term markets, prices even went negative!
+European gas slumps below 100 euro for first time since Russia cut supplies – FT
Macro Energy
+US bankers head to ‘Davos in the desert’ despite Saudi tensions – FT
+How is Germany replacing Russian gas? – Reuters
Macro Economy
+Dow climbs more than 400 points as US stocks rally – WSJ
+Rishi Sunak to become UK prime minister – FT
+Global equity markets issue sceptical verdict on Xi’s third term – FT
+China’s economy will not overtake the US until 2060, if ever – FT
Energy Transition
+Oil giant Schlumberger rebrands itself SLB for low-carbon future – Reuters
+Mexico to discuss lithium, auto industry with US climate envoy Kerry – Reuters
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