EU puts energy crisis steps on hold to address gas price cap

The Edge Markets LogoThe Edge Markets1w ago

EU puts energy crisis steps on hold to address gas price cap - The Edge Markets

Quick Summary:

In the background, another fight still festers: The bloc is bitterly divided about how to implement a Group of Seven-led plan to curb Russia’s oil revenues.

A proposal for trading venues to be required to establish a new temporary intraday volatility management mechanism in electricity and gas derivatives by Jan 31, 2023.

EU diplomats failed to reach an accord after deliberations ran late into Wednesday night, but are optimistic a deal can be clinched as early as Thursday.

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Article Details

Category: InvestingFinance



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-24 @ 14:34:07 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #266 (out of 2482 stories this day)

News Source URL:

Language: English

Article Length: 545 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 1912025

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About The Edge Markets

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Main Topics: InvestingFinance

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Update Frequency: 99 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 8 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #17

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The story "EU puts energy crisis steps on hold to address gas price cap" was covered 1 weeks ago by The Edge Markets, a news publisher based in Malaysia.

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