Tag: Energy price
These six charts show the dislocations since the outbreak of war
Ukraine war The fear of delivery failures and supply gaps is great and is causing turmoil on the commodity markets worldwide. Dusseldorf A good two weeks after the Russian invasion…
German machine builders lower their forecast
mechanical engineering Electronic components are becoming scarce for many medium-sized companies. (Photo: dpa) Munich The German machine builders fear serious economic consequences from the Ukraine war. “The war will exacerbate…
The federal government is working on new economic aid
Robert Habeck and Christian Lindner The Federal Minister of Economics and the Federal Minister of Finance want to support companies affected by the Ukraine crisis. (Photo: dpa) Berlin Federal Economics…
How to reduce dependency on Russian oil
Brussels, Berlin Rapidly reducing energy dependency on Russia is a declared goal of Germany and the European Union in view of the Russian war of aggression against Ukraine. The Federal…
The federal government is working on new economic aid
Robert Habeck and Christian Lindner The Federal Minister of Economics and the Federal Minister of Finance want to support companies affected by the Ukraine crisis. (Photo: dpa) Berlin Federal Economics…
The federal government is working on new economic aid
Robert Habeck and Christian Lindner The Federal Minister of Economics and the Federal Minister of Finance want to support companies affected by the Ukraine crisis. (Photo: dpa) Berlin Federal Economics…
Ukraine war: Industry wants to reduce gas consumption
Steelworks in Bremen The energy-intensive industry is concerned about rising gas prices as a result of the Russian war of aggression. (Photo: dpa) Berlin The companies that make up the…
Brent and WTI collapse more than 10 percent
oil production The German government has so far spoken out against stopping Russian oil imports. (Photo: dpa) Frankfurt Speculations on an easing of the supply bottleneck send the oil price…
Industry calls for state aid because of high energy costs
chemicals, textiles and steel Many companies from energy-intensive industries fear for their business model. (Photo: dpa/Getty Images (M)) Dusseldorf The dramatic increase in energy prices as a result of the…
Industry calls for state aid because of high energy costs
chemicals, textiles and steel Many companies from energy-intensive industries fear for their business model. (Photo: dpa/Getty Images (M)) Dusseldorf The dramatic increase in energy prices as a result of the…
Consequences for energy prices, inflation & the future of Germany
Most recently, in an interview with the Handelsblatt, business wise man Veronika Grimm spoke out in favor of an energy embargo against Russia as soon as possible. “The longer we…
SPD politician open to lower fuel tax
Gas station in Frankfurt (Oder) Fuel prices in Germany are currently reaching new record highs every day. (Photo: dpa) Berlin Until recently, a fuel price of more than two euros…
SPD politician open to lower fuel tax
Gas station in Frankfurt (Oder) Fuel prices in Germany are currently reaching new record highs every day. (Photo: dpa) Berlin Until recently, a fuel price of more than two euros…
US halts imports of Russian oil
Berlin, Brussels, Dusseldorf, Houston, London, Zurich In response to Vladimir Putin’s war of aggression in Ukraine, the US and Britain have imposed further punitive measures against Russia. Washington is stopping…
US halts imports of Russian oil
Joe Biden Last year Russia was the third most important country for US imports of crude oil and petroleum products. (Photo: Reuters) Houston, Dusseldorf US President Joe Biden announced an…
How Europe wants to become independent of Russian gas
LNG terminal in China In the short term, dependency can be reduced primarily through liquid gas, which would otherwise have been delivered to Asia. (Photo: REUTERS) Brussels It’s like fast-forwarding…
Who turns off the gas tap first – Germany or Russia?
Dusseldorf The US wants to stop oil and gas imports from Russia, President Joe Biden said on Tuesday. And in Germany, too, calls for an import ban on Russian gas…
War drives fuel prices to over two euros per liter
Dusseldorf At ever shorter intervals, the ADAC announces the “most expensive day of all time” at the pump. Because the records only have a short half-life. On Monday, the nationwide…
What natural gas is used for in Germany
Berlin, Dusseldorf If Moscow threatens to stop supplying natural gas, this is a problem for Germany in particular: more than half of the gas consumption in this country is covered…
Gazprom subsidiary Wingas restricts gas trading in Germany
Wingas gas storage near Rehden Companies with close ties to Russia like Wingas are currently under a lot of pressure. (Photo: Reuters) Dusseldorf The broker of a large portfolio manager…