The German government agreed on Friday to bail out Uniper Energy (OTC: UNPRF), the country's largest importer of gas and one of the largest utility companies in Europe.
Exxon Mobil Corp. (NYSE: XOM) shares are trading lower this morning amid a drop in oil prices. Oil has pulled back following a recent rise in US gasoline inventories.
Member states of the European Union (EU) have reportedly been told to reduce their gas usage until next year as an emergency step, following threats of a supply cut from Russian President Vladimir Putin.