Bloomberg Mexico has taken the first step in its annual oil hedging program, asking Wall Street banks for price quotes on the put options it buys to lock in prices for the follo- wing year, according to people familiar with the matter. Mexico usually buys put options from a small group of investment banks, starting as early as May but …

Bloomberg The most intense heat of the year across the US East Coast may fire up electricity and natural gas prices as households and businesses crank up their air conditioners over the next several days. Simmering temperatures expected to sweep across the US Midwest, mid-Atlantic and Northeast over the next five days may boost power demand to a nine-month high, …

Bloomberg European energy markets started to feel the impact of the escalating diplomatic row in the Middle East after natural gas prices soared when tankers full of Qatari fuel abruptly changed course. Two ships bound towards Europe veered course, taking them away from the Red Sea and Suez Canal, the transit route for gas into the Mediterranean Sea and a …