The Latest Breaking News from Gas Prices

Despite the recent retreat in oil and gas prices from their peaks, analysts expect energy prices to rise, driven by substantial demand and restricted supply. A surge in demand due to the reopening of China’s economy could significantly boost oil and gas prices. Given the industry tailwinds, we think it…

Germany's economy minister said that easing gas prices give hope that a recession threatening Europe, and Germany, can be managed and even reduced, and underscored the need to establish more critical infrastructure to create a more resilient economy.

Expected dip in July will ease pressure on households struggling to cope with soaring living costs

Ukraine war’s effect on wholesale gas prices prompts third upgrade in a year from Centrica

Record-high winter temperatures swept across parts of Europe over the new year, bringing calls from activists for faster action against climate change while offering short-term respite to governments struggling with high gas prices. Hundreds of sites have seen temperature records smashed in the past days, from Switzerland to Poland to…

Record-high winter temperatures swept across parts of Europe over the new year, bringing calls from activists for faster action against climate change while offering short-term respite to governments struggling with high gas prices.

This is the second instalment in our series on where the global economy is heading in 2023, which started with this article on global inflation.

Drop in wholesale gas prices means the cost to the government of the energy price guarantee will be reduced

The gas market can be complicated so we’ve broken down some of the key details explaining why your bills are unlikely to fall even though the price of gas has dropped to levels not seen since before Russia's invasion of Ukraine