Oil Prices Rise Nearly 1% as Fed Rate Cut Expectations Boost Markets Crude oil prices climbed nearly 1% on Friday, hitting a two-week high as investors anticipated a possible interest rate cut by the U.S. Federal Reserve. Traders expect a rate reduction to stimulate economic growth, which in turn boosts demand for energy and crude …
Tag: natural gas prices
EIA: Natural Gas Prices to Rise 37% by End of 2025
U.S. Utilities Face Sharp Increase in Natural Gas Costs A new report from the U.S. Energy Information Administration (EIA) projects that natural gas prices for utilities will rise by 37% by the end of 2025, driven by surging wholesale market costs. While consumers are expected to feel the impact, the cost increase for end users …
Natural gas prices slipped more in the past week
Natural Gas Prices Decline Across Key U.S. Hubs Natural gas prices dropped sharply at major U.S. hubs this week, including the Henry Hub benchmark in Louisiana and regional hubs tied to Oklahoma’s energy market.The Henry Hub spot price fell 53 cents, dropping from $3.33 to $2.80 per MMBtu between October 8 and October 15. Futures …