Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Consumers are likely to be hit by escalating electricity and...

Consumers are likely to be hit by escalating electricity and heating costs this winter because of the high price of natural gas. In Europe the problem is particularly acute. In Germany and England, wholesale power prices hit new records this week after having more than quintupled in the past year. Natural-gas futures in Europe are more than 10 times as high as they were a year ago. The problem is that Russia has ratcheted down the amount of gas it’s sending to Europe through its Nord Stream pipeline to about 20% of pre-war levels, adding to already-short supplies. $Natural Gas Services (NGS.US)$ $Cheniere Energy (LNG.US)$ $Camber Energy (CEI.US)$ $Imperial Petroleum (IMPP.US)$ $Chevron (CVX.US)$ $Exxon Mobil (XOM.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
4
1
+0
Translate
Report
85K Views
Comment
Sign in to post a comment
    market
    739Followers
    65Following
    2047Visitors
    Follow