60 h. ago European Parliament Seeks Faster Phaseout of Russian Oil and Gas

The European Parliament is considering accelerating a phaseout of Russian oil and gas imports in a bid to sever ties definitively with the region’s former top energy supplier.

Economics

4 d. ago Europe Enters Winter With Gas Tanks High Enough to Calm Market

Europe is kicking off the heating season with fuller gas stocks and calmer markets than many expected. Yet the true test of its energy resilience will come in the months ahead.

Economics

1 week ago Diesel Traders Bet on Price Spike as Russia Refineries Attacked

Oil traders are betting on a surging diesel market as an escalation in Ukrainian attacks on Russian fuelmakers threatens to tighten global supply.

Economics

1 week ago Europe Gas Traders Are Already Betting on Price Jump Next Summer

A flurry of bets on European natural gas contracts is signaling some traders have already started hedging for the next stockpiling season even with more supplies set to come online next year.

Economics

1 week ago OMV Chief Says Renewables Won’t Push Out Gas in EU Any Time Soon

Europe’s economy will continue to rely on imported natural gas for decades to come as the transition to solar and wind takes longer than forecast, according to energy company OMV AG.

Other

2 w. ago EU Takes Biggest Step Yet in Crackdown on Russian Energy Imports

The European Union’s proposed sanctions banning Russian liquefied natural gas by the end of next year are the latest sign that it is leaving no stone unturned in accelerating its exit from energy reliance on Moscow, according to the bloc’s energy chief.

Economics

2 w. ago Stocks Stall as Traders Mark Time Before Rate Call: Markets Wrap

Stocks treaded water as markets saw muted moves across most asset classes, with traders taking bets off the table ahead of Wednesday’s Federal Reserve interest-rate decision.

Economics

2 w. ago Fund Bets on 25% Oil Price Dip Before Christmas Amid Glut Fears

One trader loaded up on bets that Brent crude will fall below $50 a barrel by the end of year, wagering that growing supply will outweigh geopolitical risks from Ukraine to the Middle East.

Economics

3 w. ago Hedge Funds Hunt Commodity Volatility Traders Amid Global Market Swings

Traders who rake in profits from betting on volatility in commodity markets are finding their services increasingly in demand as trade wars and military conflicts spur wild swings in prices of raw materials.

Economics

3 w. ago US Stocks Advance as CPI Report Buoys Trader Bets on Rate Cuts

Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week.

Economics

3 w. ago EU’s Green Finance Label for Nuclear, Gas Is Allowed, Court Says

The European Union was entitled to include gas and nuclear energy in its green rulebook allowing the technologies to tap subsidies and cheaper finance, the bloc’s second highest tribunal ruled in a challenge brought by Austria.

Science

3 w. ago US Stocks Pare Gains as Lack of Breadth Hampers S&P 500 Rally

US equities pared gains on Monday as a rally in tech shares couldn’t offset declines in other industries, even as traders continue to bet that a Federal Reserve interest rate cut will fuel further stock market gains.

Economics

3 w. ago Europe Mulls Weaker LNG Terminal Rule for Russian Gas Phaseout

The European Union is considering backtracking on a proposed ban on providing terminal services to Russian liquefied natural gas suppliers, potentially weakening a plan to phase out the gas purchases helping to fund Vladimir Putin’s war machine.

Economics

4 w. ago Traders Brush Off Inflation Risk as They Bet on Smooth Rate Path

Now that a September rate cut is all but sealed, options pros are expecting smooth sailing in the stock market through Thursday’s consumer price index reading. But that could turn out to be a dangerous bet if it shows inflation starting to run hot.

Economics