New York CNN — Wall Street bids farewell — and good riddance — to 2022. It’s been a year most investors would rather forget. Russia’s invasion of Ukraine, blocked supply chains and another year of Covid have shaken markets this year. Inflation surged around the world and central banks raised rates at a historic pace …
London CNN — Europe has agreed to a cap on natural gas prices, after months of debate over whether the measure will protect European households and businesses from extreme price spikes as temperatures drop. At a meeting on Monday, EU energy ministers agreed to trigger a cap if the price of one-month natural gas futures …
EU energy ministers agree to cap gas prices ahead of winter Read More »
New York CNN — The Biden administration on Friday announced plans to supply nearly 2 million barrels of oil to refineries through an emergency swap and simultaneously begin efforts to replenish the strategic petroleum reserve early in the year. next. The new emergency exchange aims to address “potential supply disruptions” caused by the shutdown of …