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UK natural gas prices rose to 205.3 pence per therm, the highest since December 2022, as increased tanker attacks in the Strait of Hormuz and escalating regional tensions heightened concerns over the security of LNG supplies. The strait handles around 20% of global LNG trade before the war. Despite a steady rise in Eur
Propel Holdings (TSX: PRL ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary Propel Holdings reported a record quarter with significant
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
Traders price almost 1 percentage point of ECB rate rises over next year Euro zone annual inflation accelerates to 3.3% in August from 2.9% in July Brent crude options show heaviest bets on $100 oil by end-December (Updates paragraph 18 of September 17 story with Bank of Japan rate rise) By Stefano Rebaudo, Harry Rober
UK natural gas prices rose back above 203 pence per therm on Wednesday after falling in the previous session, returning to levels close to 2022 highs as supply concerns persist ahead of the winter heating season. Military tensions have kept the Strait of Hormuz largely inaccessible to commercial shipping, keeping Qatar
UK natural gas prices climbed above 206 pence per therm on Tuesday, their highest level since late 2022, amid intensifying disruptions around the Strait of Hormuz and concerns over still-below-normal gas inventories. The strait remains closed to most commercial traffic amid ongoing military conflict and security threat
UK natural gas prices rose 4% to above 206 pence per therm, the highest level since December 2022.
The pound weakened to around $1.35 as the dollar strengthened. Expectations for further Bank of England rate hikes rose amid inflation concerns, with Brent above $100 and UK natural gas at its highest since late 2022.
Sterling edged up to $1.354 as renewed inflation concerns lifted expectations for further BoE rate hikes. Markets are fully pricing a 25-basis-point increase by December, with two more hikes in 2027.