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(Bloomberg) -- The suspected sabotage of pipelines carrying Russian gas to Europe looks set to intensify already-heated global competition for shipments of the power-station fuel. Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesAlzheimer’s Progression Slowed by Drug in Major TrialApple Ditches iPhone Production Increase After Demand FaltersPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsUS Housing Prices Fall for First Time Since 2012The currently

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28 Sep, 2022 / 07:42

As the prospect of an energy crisis looms over Europe this winter, Liz Truss has vowed to shore up the UK’s domestic supplies “once and for all”.

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28 Sep, 2022 / 05:00

(Bloomberg) -- On September 10, a ship docked at the German port of Hamburg carrying a little-known fuel that’s being billed as a potential clean answer to Europe’s energy woes: blue ammonia. Made from hydrogen, it can also be burned without producing any emissions of planet-warming carbon dioxide and has the advantage of being easier to transport. Europe’s first test cargo is destined for the continent’s largest copper producer, Aurubis AG, under a deal struck with the United Arab Emirates just

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28 Sep, 2022 / 04:00

European stock markets are expected to open sharply lower Wednesday, continuing the global move lower pressured by renewed energy concerns as well as the deteriorating growth outlook. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 1% lower, CAC 40 futures in France dropped 0.5%, and the FTSE 100 futures contract in the U.K. fell 0.6%. The European Central Bank has also embarked on a series of interest rate hikes to combat inflation at historic highs, despite the region suffering from slowing growth and an energy crisis in the wake of Russia’s invasion of Ukraine.

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28 Sep, 2022 / 01:54

Oil prices fell more than 1% on Wednesday, pressured by a strengthening dollar and crude storage builds that offset support from U.S. production cuts caused by Hurricane Ian. Brent crude futures fell $1.02, or 1.2%, to $85.25 per barrel by 0630 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 97 cents, or 1.2%, at $77.53 per barrel. Asian share markets sank as surging borrowing costs stoked fears of a global recession, spooking investors into the safe-haven dollar.

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28 Sep, 2022 / 00:32

(Bloomberg) -- Increased spending this year on coal power and steel production threatens China’s climate goals and could end up as wasted investment, according to clean air campaigners.Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesAlzheimer’s Progression Slowed by Drug in Major TrialApple Ditches iPhone Production Increase After Demand FaltersPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsUS Housing Prices Fall for First Time Since 2012An accele

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28 Sep, 2022 / 00:01

U.S. shale drillers are switching from oil to gas drilling as a result of the sky high prices in Europe

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28 Sep, 2022 / 00:00
27 Sep, 2022 / 23:13

The North and South Azadegan fields have become a core part of Iran’s strategy to ramp up crude oil production, and the country recently presented a $7 billion plan to develop this double-field oil site

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27 Sep, 2022 / 23:00

A number of new energy security risks have emerged in North West Europe, just at a moment when gas prices and volatility in European gas markets were falling

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27 Sep, 2022 / 21:30

By Ambar Warrick

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27 Sep, 2022 / 21:10

Yahoo Finance's Seana Smith breaks down major stock moves after the closing bell.

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27 Sep, 2022 / 21:06

The re-routing of Russian crude from West to East would put a strain on the shipping sector according to oil trading giant Vitol

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27 Sep, 2022 / 21:00

Prices shoot higher intraday on high volume, only to reverse course later in the day. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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27 Sep, 2022 / 20:46

Someone with a lot of money to spend has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed ...

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27 Sep, 2022 / 19:24

Yahoo Finance Live anchors Dave Briggs and Rachelle Akuffo break down the S&P Case-Shiller Index for the month of July and look at how oil markets are faring amid the incoming Hurricane Ian.

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27 Sep, 2022 / 19:14

The U.S. National Hurricane Center (NHC) projected Ian, after battering Cuba, would cross the Gulf of Mexico and slam southwest Florida on Wednesday as a major storm with winds of up to 125 miles (201 kilometers) per hour. Only about 2% of U.S. gas production comes from the federal offshore Gulf of Mexico, with most coming from shale basins like the Permian in West Texas and the Marcellus in Pennsylvania. There were still about 487,800 customers in Puerto Rico and 127,000 in Nova Scotia without power after Hurricane Fiona battered the U.S. island on Sept. 18 and the Canadian province on Sept. 24.

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27 Sep, 2022 / 18:51

Oil futures climbed Tuesday, with U.S. prices edging up from a nearly nine-month low a day earlier, as some oil and natural-gas producers slow production in the Gulf of Mexico in preparation for Hurricane Ian.

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27 Sep, 2022 / 18:38

Hurricane Ian threatens Gulf of Mexico production just as oil prices hit lows not seen since January.

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27 Sep, 2022 / 17:54