Latest

Putin: Russia Ready to Keep Gas Transit via Ukraine, but Kyiv Rejects Deal Extension

By Reuters MOSCOW, Oct 25 (Reuters) – Russia is ready to continue pumping gas through Ukraine after the current gas transit deal expires at the end of the year, but sees indications Ukraine may not be willing to extend the contract, Russian President Vladimir Putin said on Friday. Ukraine has already said it does not want …

Putin: Russia Ready to Keep Gas Transit via Ukraine, but Kyiv Rejects Deal Extension Read More »

Oil Settles Up, Weekly Gain 4% as Investors Weigh Middle East Risk and US Election

(Reuters) – Oil prices settled higher on Friday and gained 4% on the week, with investors taking stock of the ongoing conflict in the Middle East as well as the U.S. election next month. Brent crude futures settled up $1.67, or 2.25%, at $76.05 a barrel. U.S. West Texas Intermediate crude settled up $1.59, or …

Oil Settles Up, Weekly Gain 4% as Investors Weigh Middle East Risk and US Election Read More »

US Natgas Prices Climb 2% to 2-Week High on Lower Output, Soaring Global Gas Prices

(Reuters) – U.S. natural gas futures climbed about 2% to a two-week high on Friday on lower output so far this month and a jump in global gas prices that could boost demand for more U.S. liquefied natural gas (LNG) exports. Earlier in the session, U.S. gas futures were down on forecasts for mild weather …

US Natgas Prices Climb 2% to 2-Week High on Lower Output, Soaring Global Gas Prices Read More »

Blackstone In Talks To Buy US Pipeline Stakes From EQT for $3.5 Billion, Sources Say

(Reuters) – Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people familiar with the matter said on Friday. If the talks are successful, the deal would help the natural gas producer slash the debt pile it accumulated …

Blackstone In Talks To Buy US Pipeline Stakes From EQT for $3.5 Billion, Sources Say Read More »