Nasdaq A 46% drop in natural gas prices this year is rippling across the U.S. shale patch, threatening to slow drilling and chill deal-making in a move unthinkable six months ago as global demand soared. Analysts are chopping their outlook for gas prices this year, and for production and earnings. The drop has also put a cloud over merger and
CNBC Russian President Vladimir Putin has sought to ratchet up the pressure on foreign buyers of natural gas, telling so-called unfriendly countries to pay in rubles from Friday — or have their supplies cut off. Perhaps surprisingly, however, the leaders of Germany and Italy appear unfazed by Putin’s rhetoric. That’s because they believe European customers won’t be bound by the Kremlin’s new mechanism
Reuters DUBAI/MOSCOW – Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to discuss the slump in prices triggered by the end of a deal to curb output and a collapse in demand. After the deal collapsed, Russia and Saudi Arabia both said they
