PJM responds to Pennsylvania Governor’s complaint over power market rules

(Reuters) – Grid operator PJM Interconnection responded on Tuesday to a complaint from Pennsylvania Governor Josh Shapiro over power market rules, citing concerns about potential power shortages due to the…

Mexican peso posts biggest annual drop versus US dollar in 16 years

MEXICO CITY (Reuters) – Mexico’s peso weakened nearly 23% this year to close the final day of trading at 20.82 pesos per U.S. dollar on Tuesday, the currency’s deepest drop…

Puerto Rico’s power grid collapses; could take two days to restore service

By Rich McKay and Ivelisse Rivera SAN JUAN (Reuters) -Puerto Ricans were without electricity on New Year’s Eve after a grid failure left nearly all of the island without power.…

Oil prices post 3% annual decline, slipping for second year in a row

SINGAPORE (Reuters) – Oil prices rose in early trade on Tuesday after data showed China’s manufacturing activity expanded in December, but for a second consecutive year oil was on track…

US to issue hydrogen credit rule this week, with path for nuclear, sources say

WASHINGTON (Reuters) – The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production under the 2022 Inflation Reduction Act later this week, according…

Oil prices edge up but set for second straight annual loss

SINGAPORE (Reuters) – Oil prices rose in early trade on Tuesday after data showed China’s manufacturing activity expanded in December, but for a second consecutive year oil was on track…

Oil prices set for second-straight annual loss, edge up on the day

SINGAPORE (Reuters) – Oil prices rose in early trade on Tuesday after data showed China’s manufacturing activity expanded in December, but for a second consecutive year oil was on track…

Options Trading: Turn Small Moves into Wins

Options trading has become a popular strategy for investors looking to maximize returns with limited capital. By leveraging options trading, even those with small accounts can aim for significant profits.…

Europe’s Russian gas era comes to an end as Ukraine transit stops

MOSCOW (Reuters) -Russian gas supplies to Europe via Ukraine are set to end on New Year’s Day, bringing down the curtain on Moscow’s long period of dominance of supply in…

Ukraine hits Russian oil depot in Smolensk region

(Reuters) – The Ukrainian military said on Tuesday its forces had hit a Russian oil depot in the Smolensk region. Ukraine’s general staff said on Telegram that the depot was…