Energy Prices (Daily Change)
| Up/Down | Price | Change | |
|---|---|---|---|
| Crude Oil | ↑ | 78.50 | +1.79 |
| Heating Oil | ↑ | 3.2599 | +.1308 |
| RBOB Gasoline | ↑ | 2.4931 | +.1089 |
| Natural Gas | ↓ | 6.651 | -.252 |
All prices updated at end of day using CME settlements.
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US oil prices caught a bid as Hurricane Ian takes aim at Florida.
“About 11% of oil production in the U.S. Gulf of Mexico was shut on Tuesday as a powerful Hurricane Ian forced oil companies to evacuate workers and the storm took aim at Florida.”
+US offshore oil output drops as Hurricane Ian takes aim – Reuters
+Hurricane Ian a dangerous threat to Florida – Weather.com
Macro Energy
+Denmark, Germany and Poland warn of ‘sabotage’ after Nord Stream leaks – FT
+Europe investigates ‘attacks’ on Russian gas pipelines to Europe – Reuters
Macro Economy
+Home prices suffer first monthly decline in years – WSJ
+10-year treasury yield risers closer to 4% – WSJ
+Truss learns the hard way that Britain isn’t America – FT
Energy Transition
+How Europe can adapt to living without Russian gas for years – FT
+Senate to vote on funding bill amid opposition to Manchin proposal – WSJ
+Two of Germany’s nuclear plants to keep operating beyond shutdown dates – FT
+How methane leaks accelerate global warming – Reuters
+EasyJet drops carbon offsets for technology in net-zero plan – Bloomberg
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