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Egyptian gas may flow to Lebanon in a few months: U.S. energy envoy

A worker uses a mobile phone torchlight to illuminate his cutting space at the fish market, where portable emergency lighting runs due to a power cut, in Beirut, Lebanon, on Wednesday, Sept. 8, 2021.Francesca Volpi | Bloomberg | Getty ImagesNatural gas from Egypt...

U.S. natural gas sinks, on track for worst month in three years

A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021.Petar Santini | Bloomberg | Getty ImagesU.S. natural gas futures slid Tuesday to the lowest level in nearly three months...

Nissan to invest $17.6 billion to ramp up electric vehicle offering

Japanese automotive giant Nissan is to invest 2 trillion yen (around $17.6 billion) over the next five years to speed up the electrification of its product line.Nissan said on Monday it would aim to roll out 23 new electrified models by 2030, 15...

Biden ready to release more oil reserves to cool price: Amos Hochstein

A truck passes pumpjacks in the Belridge oil field on November 03, 2021 near McKittrick, California.Mario Tama | Getty Images News | Getty ImagesPresident Joe Biden's administration stands ready to release even more barrels of oil from its strategic reserves should the need...

Oil jumps, recouping some losses following worst day of the year

Oil derrick pumps operate at the Inglewood Oil Field in Culver City, California, on Sunday, July 11, 2021.Kyle Grillot | Bloomberg | Getty ImagesOil prices jumped Monday as traders bet that Friday's sharp sell-off, prompted by fears that the new omicron Covid variant...

Massive inflation to likely push Fed to hike rates 6 times: Federated

A long-time market bull is tempering his outlook due to inflation.Federated Hermes' Phil Orlando expects the Federal Reserve will lift interest rates six times over the next two years to tame massive price increases from vehicles to shelter to food."Our best guess is...