Gas is Now Over $5 Per Gallon Across New Jersey, Highest Price Ever
TOMS RIVER, NJ – It’s the start of another weekend at the Jersey Shore and traffic is once again lighter than expected as gas prices soar above $5 for the…
TOMS RIVER, NJ – It’s the start of another weekend at the Jersey Shore and traffic is once again lighter than expected as gas prices soar above $5 for the…
AKRON, Ohio, June 9, 2022 — FirstEnergy Corp. (NYSE: FE) announced today that it has amended certain terms of its previously announced cash tender offer, including the price and timing…
(Reuters) – Goldman Sachs maintained its $6.80/$5.60 Henry Hub and 89/86 EUR/MWh TTF Sum22/Win22-23 price forecasts after the Freeport LNG outage, noting that the duration of the outage would be…
TOKYO – The Philippines on Wednesday appealed directly to consumers in its top export market Japan to pay higher prices for imported bananas to help shoulder a surge in production…
(Reuters) – Goldman Sachs increased its Brent oil price forecasts by $10 to $135 a barrel for the period between the second half of 2022 and the first half of…
President Joe Biden said, “the idea that we’re gonna be able to…click a switch, bring down” gas prices is unlikely, during his White House meeting with Biden administration officials and…
By Leika Kihara TOKYO -Japan may see inflationary pressure build as more companies shift away from a business model that worked under a prolonged period of deflation, Bank of Japan…
(Reuters) – Japanese auto companies are likely to post record profits this year as they raise vehicle prices and cut costs to mitigate the hit from soaring inflation, J.P. Morgan…
By Indradip Ghosh and Prerana Bhat BENGALURU – Burning U.S. house price inflation will cool to 10%, half its current rate this year, and slow further over the next two…
LONDON – British supermarket Sainsbury’s said on Monday it was stepping up its efforts to keep a lid on prices and it would spend 500 million pounds ($631.4 million) over…
AKRON, Ohio, May 25, 2022 — FirstEnergy Corp. (“FirstEnergy”) (NYSE: FE) announced today that it has commenced an offer to purchase for cash (the “Tender Offer”) up to the maximum…
By Zuzanna Szymanska and Jonathan Cable BERLIN/LONDON – German home prices will rise faster this year than thought only three months ago, as a supply shortage outweighs a deepening cost…
By Gabriel Araujo, Lisandra Paraguassu and Gram Slattery SAO PAULO – Shares of Brazil’s state-run oil company Petrobras plunged on Tuesday after the government ousted its chief executive for the…
By Valentina Za MILAN – Leading international banks exposed to Russia booked more than 11 billion euros ($12 billion) in provisions in the first quarter to brace for potential losses.…
By Gopal Sharma KATHMANDU – Nepal’s state-owned oil company has hiked the retail prices for fuels, including petrol and cooking gas, by up to 12.5% because of rising global oil…
By Yoruk Bahceli (Reuters) – Euro zone money markets on Friday ramped up their bets on a 50 basis-point interest rate hike from the European Central Bank in July that…
WASHINGTON – U.S. Senators Elizabeth Warren and Mike Rounds on Thursday introduced a bipartisan resolution asking the Federal Trade Commission to investigate beef companies for potential price fixing. It is…
California Becomes First State To Ever Record Average Gas Price Of $6 A Gallon Thomas Catenacci on May 18, 2022 California became the first state Tuesday to ever record an…
KYIV – Ukraine’s government has lifted restrictions on fuel prices to enable traders to import more and make up the shortage Ukraine is experiencing after Russian forces destroyed many storage…
Economists Trash Dems’ Fuel Price Control Proposal: ‘Can’t Believe They’re Dumb Enough To Do This’ Thomas Catenacci on May 16, 2022 “I just can’t believe they’re dumb enough to do…
By Tetsushi Kajimoto TOKYO – The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, its deputy governor said on…
By Karen Braun NAPERVILLE, Ill. – Despite global wheat prices trading at record highs for the time of year, market participants may have been too optimistic on the supply outlook…
By Leika Kihara TOKYO – The Bank of Japan is dropping hints the recent rise in inflation may prove longer-lasting and driven by solid demand, a sign global price pressures…
FRANKFURT – Germany’s largest airport operator Fraport said on Tuesday it expects to be able to compensate for rising inflation by passing costs to customers even as it sees higher…
TOKYO -Japan’s No.2 steelmaker, JFE Holdings Inc, is seeking to raise product prices by 30,000 yen ($230) a tonne in the April-June quarter or next to reflect soaring costs of…