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The energy industry is constantly changing and evolving, and with it comes energy price news, articles, and videos. Energy price news, articles, and videos can help you stay informed about the latest trends in the energy market and how they may affect your utility bills, energy consumption, and overall energy costs. Whether you are a homeowner, business owner, or just someone looking for more information about energy, you can find energy price news, articles, and videos to help you make more informed decisions about your energy usage. Energy price news, articles, and videos can provide valuable insight into the energy market, including information on the latest energy price trends, changes in energy regulations, and the best ways to save money on your energy bills. In addition, energy price news, articles, and videos can provide information on energy efficiency improvements and energy-saving tips. With energy price news, articles, and videos, you can learn about the various types of energy sources, such as renewable energy sources, and how they may affect your energy bills. You can also find out more about energy-related government incentives, such as tax credits, and how they can help you save money on energy costs. In addition to energy price news, articles, and videos, you can also
Earlier this week, the International Energy Agency warned that oil markets were in a deficit that would deepen in the fourth quarter. The reason? Saudi and Russian cuts that were just extended until the end of the year. The deficit may yet ...
Eurozone CPI was finalized at 5.2% yoy in August, down from 5.3% yoy in July. CPI core (all-items ex-energy, food, alcohol & tobacco) was finalized at 5.3% yoy, down from 5.5% yoy in July. Services prices slowed from 5.6% yoy to 5.5% yoy. Energy prices rose from -6.1% yoy to -3.3% yoy.
Headline inflation moving back up to 4% on higher energy prices would likely be tolerated by the Bank of Canada. But, core inflation measures heating back up to 4% y/y, and 4.5% on a three month annualized basis is going to ring some alarm bells at the Bank.
The price of natural gas produced from difficult areas like KG-D6 of Reliance Industries Ltd. is likely to be cut by about 14% from next month in line with softening energy prices, sources said.For the six-month period starting October 1, the price of gas from deep sea and high-pressure, high-temperature areas is likely to be cut to around $10.4 per million British thermal unit from the current $12.12, they said.
Gold prices are rising for three consecutive days ahead of the Federal Reserve (Fed) interest rate decision, which is expected to remain unchanged due to declining inflation and a positive economic outlook. Investors are keen on the Fed's interest rate guidance, fearing a hawkish stance that could trigger market risk aversion. The market anticipates the Fed will hold off on rate hikes until the end of the year, but concerns about rising energy prices may impact inflation. The Fed might keep interest rates high to bring inflation down to 2%, potentially affecting manufacturing and housing. Gold's technical analysis suggests a short-term bullish trend, hovering around $1,935.