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Gas Fees on the Ethereum Network hit an 8-month-High amid Interest in the New Experimental Token Standard ERC-404
Feb 12, 2024
Last Friday, on February 9, gas prices on the Ethereum network spiked to an average of 70 Gwei (equaling to a stand...
Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
U.S. Natural Gas Futures Posted their Worst Reading since April 2023, but There Might Be a Brief Turnaround due to Freeport LNG’s Unit Closure
Jan 30, 2024
Although front-month Nymex natural gas (NG1) for February delivery is edging up +0.15% in today’s premarket, it had...
Invesco Energy Exploration & Production ETF (PXE) Looks Like the Best Choice among Peer Energy ETFs
Dec 04, 2023
Amid growing geopolitical tensions and rising demand for fossil fuels, which is typical for wartime energy consumpt...
Exchange Prices for Natural Gas in Europe Jumped 11 Percent
Oct 13, 2023
Exchange-traded gas prices accelerated their growth to 11% for November futures on the Dutch TTF on the London exch...
European Gas Benchmarks Jumped More than 10% on Australia’s and Norway’s LNG Export Disruptions
Sep 08, 2023
Dutch and British benchmark gas prices jumped 11% on the news of a partial strike in Australia began at 1 p.m. and...
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
Gas Price in Europe Exceeded $400 per 1,000 Cubic Meters
Aug 10, 2023
According to London-based Intercontinental Exchange (ICE), official gas prices in Europe exceeded $400 per 1 thousa...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
Global Fuel Energy Price Index is Edging Higher after Derogatory 2022
May 24, 2023
The fuel energy index includes prices for crude oil, natural gas, coal, and propane.
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
European Gas Prices Poised to Decline Further During Upcoming Summer Months
May 12, 2023
European gas prices stabilized at their lowest level in nearly 22 months, as traders weighed signs of oversupply ag...
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