The Latest Breaking News from Gas Prices

Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel.

Price 70 per cent lower than in August but still much higher than over past 10 years

EU leaders on Friday reached agreement on a "roadmap" aimed at putting in place measures within weeks to shield European consumers from soaring energy prices. The accord came after 11 hours of wrangling over broad proposals to lower energy bills as gas prices pushed skywards by the war in Ukraine,…

President Biden has announced a sale of U.S. strategic reserves to bring down gas prices, while OPEC has slashed its oil demand growth estimates. Amid this, we believe fundamentally weak energy stocks Frontline (FRO), Tellurian (TELL), and Camber Energy (CEI) might be best avoided. Read on….

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs.

Cooking gas prices will remain unchanged until the end of this year, even though world prices for liquefied petroleum gas (LPG) are falling, as authorities seek to shore up the heavily indebted Oil Fuel Fund.

Follow for updates on the 2022 midterms

Saudi ministers said that they were working together to advance the industrial sector and achieve the goals of the National Industrial Strategy, which was launched by Crown Prince Mohammad bin Salman on Tuesday. They added that talks were underway with international companies to establish a center for car manufacturing in…

President announces release of 15m barrels of oil from strategic reserve as he fights to keep gas prices in check before midterms. Plus, why spending time with strangers can make you happy