Germany Looks at Potential Rationing of Natural Gas After Russia Cuts Supply

The German government moved closer to rationing natural gas after Russia cut deliveries to the country last week in an escalation of the economic war triggered by Moscow's invasion of Ukraine. 


 
Energy Secretary Urges Oil Companies to Address High Gasoline Prices

The Biden administration is asking Exxon, Shell and others to shore up fuel supplies as gasoline hovers near $5 a gallon. 


 
U.S. Weekly Oil Inventory Report Delayed

The Energy Information Administration said it is delaying the release of its weekly report on U.S. oil inventories due to problems with its systems. No new release date has been set. Analysts are forecasting a 1.2 million-barrel decline in crude inventories and an 800,000-barrel fall in gasoline stockpiles. 


 
Oil extends price losses into a second session as recession fears rise

Oil futures extend their losses into a second session on Thursday, with U.S. prices booking their lowest finish in more than six weeks as recession worries rise. 


 
U.S. Natural Gas Sales to China Dry Up

In a redirection of flows because of the Ukraine war, America is selling more to Europe, while Russia is becoming more dependent on sales to China. 


 
Nuclear Power Is Poised for a Comeback. The Problem Is Building the Reactors.

Western countries are making big bets on nuclear energy to help tackle climate change and reduce dependence on Russian oil and gas, but are short on experience in building the plants after shunning them for years. 


 
Natural Gas Ends at Lowest in 11 Weeks

Natural gas prices finished the session 9% lower at $6.239/mmBtu, the lowest closing price since April 6 as the results of a weekly storage report heightened fears of a sizable and long-lasting drop in demand. 


 
Bankruptcy Judge Advances $14 Billion YPF, Repsol Pollution Lawsuit to Trial

A chapter 11 trust must prove that YPF and Repsol caused environmental liabilities to go unpaid by a former corporate subsidiary, a bankruptcy judge says. 


 
Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires throughout the day. 


 
U.S. Gains in Push for Exception to EU Sanctions on Russian Oil

Treasury Secretary Janet Yellen is seeking to create a cap on the sales price of Russian oil and to allow its continued sale on global markets.


(END) Dow Jones Newswires

06-24-22 0015ET