Energy

• Oil tumbles as much as 10%, breaks below $100 as recession fears mount
  05 July 2022
• Germany's much-vaunted trade surplus disappears as import prices surge
  05 July 2022
  Germany is no longer exporting more than what it buys from other countries, highlighting the strains that the nation and other European economies are facing from surging energy and food prices.
• The world's most powerful tidal turbine just got a major funding boost
  05 July 2022
  While there is excitement about the potential of marine energy, the overall size of tidal stream and wave projects remains small compared with other renewables.
• Russia is set to switch off the gas for work on a key pipeline — and Germany fears the worst
  05 July 2022
  Russia is poised to temporarily shut down the European Union's single biggest piece of gas import infrastructure.
• High U.S. gasoline prices weigh on demand as consumers start to feel the pinch, says analyst
  04 July 2022
  Gasoline prices have been surging and close to an average $5 per gallon across the U.S., with consumers feeling the pain in the pump.
• The G-7 is considering a price cap on Russian oil. But energy analysts think it's impossible
  05 July 2022
  The G-7's pursuit of a price ceiling on Russian oil is not without its challenges, with energy analysts highly skeptical about the integrity of the proposal.
• Bitcoin Family say they lost $1 million on their investment this year, but sold a lot at peak
  02 July 2022
  The "Bitcoin Family" is down more than $1 million on their bitcoin investment since the world's most popular digital coin peaked at around $69,000.
• Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico
  01 July 2022
  Interior's oil-drilling proposal could allow 11 lease sales over the next five years, but includes an option for the administration to conduct no sales.
• Major crypto broker Voyager Digital suspends all trading, deposits and withdrawals
  03 July 2022
  Digital asset brokerage Voyager Digital is pausing all customer temporarily suspending customer trading, deposits, and withdrawals.
• Russian and Chinese designs dominate nuclear reactors, warns IEA chief
  03 July 2022
  Companies in Europe and the U.S. must do a better job of getting nuclear plants constructed on time and in budget, said IEA Executive Director Fatih Birol.