4:27 PM · 22 November 2022

EU proposes cap on gas prices

The European Commission proposed a cap on gas prices of €275/MWh. EU Energy Chief Simson emphasized that this mechanism is not a silver bullet for lowering gas prices and will be used only as a last resort. In his opinion the EU is still vulnerable to damaging price increases. Nevertheless these news had little impact on gas prices as traders are focusing on colder weather forecasts in the US, the delay in Freeport's restart and a possible rail strike. Workers at the largest US rail union voted against a tentative contract deal reached in September, raising the possibility of a year-end strike that could disrupt coal deliveries and force power generators to burn more gas. 

Today's EU decision had a limited impact on NATGAS, which continues to trade above major support at $7.12/ MMBtu. Source: xStation5

14 August 2026, 6:59 PM

Daily Summary: EUR/USD tries to reverse the trend; Wall Street marks its third consecutive week of gains 🚨

14 August 2026, 1:00 PM

Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)

13 August 2026, 4:05 PM

US Open: S&P 500 close to highs - as September Fed hike chances fall (13.08.2026)

13 August 2026, 12:36 PM

Coffee Falls 5% on ICE 📉 Profit-Taking Hits the Market Despite Low Arabica Inventories

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits