The price of natural gas has increased significantly in both the US and the EU during the past year

The cost of natural gas for US consumers has increased by more than treble in the last year. According to the Energy Information Administration EIA, natural gas generates around 38% of the electricity used in the US.

Additionally, natural gas is used to heat both the water and space in ...

OIL PRICES GO DOWN ON FIFTH CONSECUTIVE DAY ON THURSDAY

Highlights

• Brent crude slumped 37 cents or 0.5 percent, and was at $67.63 per barrel after going down 0.6 percent on Wednesday

• US crude inventories have consistently gone up for four straight weeks after refineries in the south were forced to close because of the...