US Gas Slides to a Three-Week Low on a Bigger Storage Build as Europe Pays Up
Stockpiles rose 40 billion cubic feet in a week, beating forecasts and leaving US inventories nearly 5% above normal, the mirror image of Europe's depleted storage.
Stockpiles rose 40 billion cubic feet in a week, beating forecasts and leaving US inventories nearly 5% above normal, the mirror image of Europe's depleted storage.
US forecasters give a three-in-four chance the event will break the post-1950 record by late autumn, with its biggest effect on global temperatures expected next year.
Brent closed at $101.21 on Wednesday and neared $105 on Thursday as WTI crossed $100, yet five-year contracts near $70 show the market expects the squeeze to pass.
The bill passed the lower house by 168 votes to 31, with the conservatives abstaining. It now goes to the Senate and could reach tens of thousands of people in Western Sahara and the Algerian camps.
Sheinbaum's government plans 10.6 trillion pesos of spending and a smaller deficit, relying on tax enforcement and 1.5-2.5% growth to keep investors and rating agencies on side.
AAA's national diesel average hit a record on 10 September and petrol jumped 13 cents in a week, reversing the usual post-summer slide as distillate stocks run low.
The blaze tore through a crowded neighbourhood of wooden homes as pupils arrived for class, and a stampede added to the toll. More than 300 houses were destroyed and the cause is under investigation.
The group now sees demand growth of just 380,000 barrels a day this year but is more upbeat on 2027, days after its core members froze October output.