Markets
Budget Energy Announces 9.5% Price Increase Effective August 4
Budget Energy NI will increase residential electricity prices by 9.5% from August 4, affecting 105,000 customers due to wholesale market volatility. This...
#Energy Prices 29 articles
Economy
Turkish Inflation Cools to 32.1% in June on Energy Price Drop
Turkish annual inflation eased to 32.1% in June, breaking a two-month climb, as falling energy prices provided relief. This marks the first...
Stocks
Nat-Gas Prices Retreat from 3-Month High as July Contract Expires
July Nymex natural gas futures dropped 3.35% as the contract expired, retreating from a three-month high due to long liquidation. Despite initial...
Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
Stocks
Corn Futures Face Midday Pressure as Bears Gain Traction
Corn futures are experiencing losses across most contracts on Friday, with crude oil declines and export sales data contributing to downward pressure.
Markets
Oil Prices Jump as Iran Deal Stalls
Oil prices surged Monday, recouping recent losses, as uncertainty surrounding a potential peace deal with Iran intensified. Brent crude futures rose 3.3%...
Markets
Saudi Aramco CEO: Strait of Hormuz Closure Costs 100 Million Barrels Weekly
The CEO of Saudi Aramco reports a weekly loss of 100 million barrels due to the Strait of Hormuz closure, driving oil...
Economy
Gold Dips as Hormuz Strikes Cloud Iran Talks, Fuel Inflation Fears
Gold fell 0.7% to $4,540 an ounce after US strikes in the Strait of Hormuz tempered Iran talks optimism, keeping inflation risks...
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.