UK Government Expected to Announce Dozens of New North Sea Oil and Gas Licences
-Reuters
https://www.reuters.com/business/energy/exclusive-uk-announce-dozens-new-north-sea-oil-gas-licences-sources-2022-09-07/
Russia’s Sakhalin Energy Sells Dec LNG to Chinese Buyer at Deep Discount
-Bloomberg
https://www.bloomberg.com/news/articles/2022-09-08/china-snaps-up-half-price-russian-lng-as-europe-shuns-supplies
Dow Jumps 450 Points; UiPath Shares Slide
U.S. stocks traded higher toward the end of trading, with the Dow Jones adding around 450 points on Wednesday.
Nasdaq Surges 100 Points; Crude Oil Falls Sharply
U.S. stocks traded higher midway through trading, with the Nasdaq Composite adding more than 100 points on Wednesday.
US Stocks Edge Higher; Dow Rises 50 Points
U.S. stocks traded slightly higher this morning, with the Dow Jones adding more than 50 points on Wednesday.
Russia’s Putin Said Russia Has No Problems With Selling Its Energy Resources; Said Demand for Russian Energy in China is Rising
-Reuters
https://www.reuters.com/business/energy/putin-says-russia-has-no-problems-selling-energy-resources-2022-09-07/
Oil Loses Steam: With OPEC+ Supply Cut Baked In, All Eyes Now On ECB, Fed Rate Decisions
Oil prices fell in Asia trading on Wednesday, dragged by worries over potential rate hikes by the European Central Bank (ECB) and Federal Reserve this month, as well as extended COVID-led lockdowns in China.
Dow Tumbles Over 200 Points; ChannelAdvisor Shares Spike Higher
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 200 points on Tuesday. All the three major indices recorded their third weekly loss in a row, with the Dow dropping around 3%, and the S&P 500 down around 3.3%.
As European Energy Bills Soar, Demand Is Rising In This Sector: 6 Stock Ideas
Inflation jumped to a new all-time high of 8.9% in July, sparking a cost-of-living crisis in Europe for the 19 countries bound by the euro, fueled by rising energy costs.