Russia has warned against capping energy prices. But Europe is thrashing out the details regardless
EU energy ministers gathered for emergency talks on dealing with runaway energy prices, despite warnings from Russian President Vladimir Putin.
Policies
New British PM Liz Truss announces a cap on energy bills to combat cost-of-living crisis
U.K. Prime Minister Liz Truss on Thursday announced a broad stimulus package to help Brits with soaring energy bills and attract investment into the energy sector.
UK PM Truss to unleash billions to help with energy bills. But there are big questions over funding
The exact details of the package have yet to be revealed, but some projections suggest it could include around £200 billion ($230 billion) in support.
Putin threatens to let Europe ‘freeze’ over winter, raising risk of energy rationing
Russian President Vladimir Putin threatened Wednesday to stop all energy supplies to Europe.
Water is now seen as a precious, vital and scarce resource in the global energy sector
There have been concerns about how low water levels will affect the supply of some energy sources.
Positioning for a ‘bullish shock’ to oil markets? Here are one strategist’s top stocks to cash in
Strategist Kenny Polcari says to look at big dividend-paying names that will offer stability, but also upside.
Russia has cut off gas supplies to Europe indefinitely. Here’s what you need to know
Russia claims punitive economic sanctions imposed by the West are responsible for the indefinite halt to gas supplies via Europe’s main pipeline.
German gas giant Uniper says the worst is still to come after Russia halts flows to Europe
Uniper, as Germany’s biggest importer of gas, has been hit hard by vastly reduced gas flows via pipelines from Russia, which have sent prices soaring.
OPEC+ output cut is mostly a ‘political snub’ and sends symbolic message, analysts say
OPEC+’s decision to implement a small production output cut is more of a political statement and symbolic message sent by the alliance, said two analysts.
India says it will look carefully at Russian oil price cap, rejects moral duty to boycott Moscow
India says it will carefully assess whether to support a G-7 proposal to impose a cap on the price of Russian oil.
