in October after a cap on costs was lifted. The soaring prices looks set to force millions of people to curb consumption.
The French year-ahead contract rose as much as 25% to 1,130 euros a megawatt-hour on the European Energy Exchange AG Friday. The German equivalent also gained to a record, rising as much as 33% to 995 euros a megawatt-hour for a gain of about 70% this week. In oil market terms, it’s the equivalent of over $1,600 a barrel.EXPLAINER: Why Europe Is Crippled By a Wartime Energy Crisis
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Business Maverick: Diageo halts some whiskey sales in India to force price hikesOne of Hina Nagarajan’s first moves at the helm of liquor giant Diageo Plc’s Indian arm is a standoff with government officials over price caps that have already cost the company almost $9-million in sales, and some say might backfire.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Powell Talks Tough, Warning Rates Are Going to Stay High for Some TimeFederal Reserve Chair Jerome Powell signaled the US central bank is likely to keep raising interest rates and leave them elevated for a while to stamp out inflation, and he pushed back against any idea that the Fed would soon reverse course. I'm just here to show my appreciation to the man who got me on utta poverty I am very happy to be amount your winning team sir' and I will always show my gratitude and work with you always JamesAlderson0 Watch our Reserve Bank now try to match this raise: despite the fact that the US & SA have almost 0 parity in this matter in either cause or effects.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Homeland security scraps disinformation board attacked by RepublicansThe Department of Homeland Security has disbanded a board established to counter false information after Republicans assailed it as a vehicle to censor conservative viewpoints. That's because the Democrats are the source of disinformation. You guys are 2 months behind in your reporting.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »