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U.S. diesel prices are hovering near record highs as the wars in the Middle East and Ukraine squeeze global refining capacity. A top European central banker warns high diesel prices could linger much longer. But some investors expect oil to tumble once the Strait of Hormuz reopens. The average price for a gallon (3.79
Sept 24 (Reuters) — Britain's FTSE 100 index is seen opening flat on Thursday, with futures down 0.3%. SHELL: Shell and Trinidad and Tobago's National Gas Company have agreed terms for natural gas supplies from Shell's Aphrodite field, ending a pricing dispute that had delayed the project, NGC Chairman Gerald Ramdeen t
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
UK natural gas prices rose toward 193 pence per therm on Friday, rebounding after three straight sessions of declines, with depleted reserves and disruptions to LNG shipments remaining in focus. The region is entering winter with low storage levels after the US-Iran war severely curtailed LNG supplies from the Persian
UK natural gas prices rose above 148 pence a therm on Wednesday, rebounding from the previous session’s losses, as doubts grew over the likelihood of an agreement to resume energy flows through the Strait of Hormuz. Supply concerns persisted despite Pakistan’s defense minister saying that the US and Iran were “close to