Russia launches missiles from Caspian Sea for the first time, ‘indicating logistics issues’
Yesterday's missile attack was characterized by the fact that missile launchers from the Caspian...
Yesterday's missile attack was characterized by the fact that missile launchers from the Caspian Sea were used. This was recorded for the first time since the full-scale invasion, a report said.
The spokeswoman believes that it is now more difficult for the Russian army to deliver missile stocks to the Black Sea coast.
"This suggests that we are quite successful in keeping logistics under fire control, including on the (east) bank (of the Dnipro River)," they added.
3 Oil & Gas Royalty Trusts With Exceptionally High Yields
Oil and gas trusts are among the highest-yielding stocks in the stock market, making them attractive...
Oil and gas trusts are among the highest-yielding stocks in the stock market, making them attractive candidates for income investors. On the other hand, in contrast to the well-known oil majors, such as Exxon Mobil (XOM) and Chevron (CVX) , they offer a different distribution every month, which is highly volatile due to the gyrations of the prices of oil and gas.
Drivers could see gas prices surge to nearly $7 a gallon in some US states as refinery issues bite supply and Chinese demand bounces back
Brace for a spike in US gas prices next year due to refinery disruptions and amid renewed energy demand...
Brace for a spike in US gas prices next year due to refinery disruptions and amid renewed energy demand from China as the Asian nation reopens its economy, according to GasBuddy.
"2023 is not going to be a cakewalk for motorists. It could be expensive," said Patrick De Haan, head of petroleum analysis at the firm, which tracks fuel costs, in its 2023 fuel outlook.
The national average price of gas at the pump could top around $4 a gallon in most major US cities as early as May next year, De Haan said, from $3.18 on Friday. Cities in the West Coast state of California, such as San Francisco and Los Angeles, could see gas prices approach nearly $7 a gallon in the summer of 2023, according to GasBuddy.
Stocks close lower ahead of holiday, cap worst year since 2008
U.S. stocks polished off their worst year since 2008 with a loss...
U.S. stocks polished off their worst year since 2008 with a loss on Friday, bringing the year-to-date decline for the S&P 500 to 19.4%, its largest calendar-year drop since 2008, Dow Jones Market Data show.The same holds true for the Dow Jones Industrial Average, which shed 8.8% this year, and the Nasdaq Composite, which lost 33.1%. On Friday, as stocks pared their losses heading into the close on the last session of the year, the S&P 500 SPX fell 9.78 points, or 0.2%, to finish at 3,839.50, while the Nasdaq Composite COMP fell 11.61 points, or 0.1%, to 10,466.48, and the Dow DJIA fell 73.55 points, or 0.2%, to 33,147.25. 2022 also marked the fourth-worst year for the S&P 500 since its inception in 1957. The only years where stocks fared worse were 2002, 1974 and 2008, according to DJMD. As previously high-flying mega-cap technology stocks and other interest-rate sensitive assets crumbled, value stocks outperformed this year, sending the Dow to its biggest calendar-year outperformance vs. the Nasdaq since 2000. The blue-chip gauge also recorded its biggest outperformance vs. the S&P 500 since the index’s creation. Energy stocks were a lone bright spot, as the S&P 500 energy sector recorded its best year on record with a 59% gain.
U.S. natgas drops to 9-month low despite large storage draw
U.S. natural gas futures dropped to a nine-month low on Friday, as February gas futures NGc1...
U.S. natural gas futures dropped to a nine-month low on Friday, as February gas futures NGc1 slipped 10.5 cents, to $4.454 per million British thermal units by 11:17 a.m. ET the lowest level since mid-March on forecasts for warmer weather over the next two weeks, despite a bigger than expected storage draw.
Prices stayed negative on Thursday, even after a federal report showed a much bigger-than-usual storage draw last week as a winter storm that swept across large parts of the country raised heating demand.
The U.S. Energy Information Administration (EIA) said utilities pulled 213 billion cubic feet (bcf) of gas from storageduring the week ended Dec. 23, exceeding the 201 bcf decline analysts forecast in a Reuters poll, compared with a decrease of 125 bcf in the same week last year and a five-year (2017-2021) average decline of 106 bcf.
