Ryan Paisey

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News

Average German household gas bill 173% higher than a year ago

  • German households are paying more than 2-1/2 times as much for an average annual gas contract from their supplier than a year ago although wholesale prices are reflecting lower consumption and more diversified supply, data showed on Monday.
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News

Reuters Poll - Oil poised for limited gains as economic risks loom

  • Oil prices will find support from OPEC+ output cuts and sanctions on Russia for the rest of the year and into the early part of 2023, a Reuters poll showed on Monday, but a recession could limit further gains.
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News

Gas Commission proposes German cap on household gas at 12 cents per kWh

  • Germany should cap gas prices at 12 euro cents per kilowatt hours (kWh) for 80% of households' basic consumption from March 2023 until at least the end of April 2024, according to a report by the country's expert commission to the government.
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News

The @Newsquawk US Market Open: European stocks mixed, USD boosted, commodities pressured

  • US Market Open: European stocks trade mixed, USD is boosted, commodities are pressured, and UK clocks changed
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News

Bank of Italy Visco: rate rises must continue to reduce risk of persistent high inflation

  • Bank of Italy Visco: rate rises must continue to reduce risk of persistent high inflation
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