Nord Stream 1 pipeline is Europe’s largest gas import infrastructure — importing ~35% of the European Union’s natural gas supply in 2021. On Monday, explosions were detected at various points of the pipeline, which led to three separate leaks. The leak looks tiny in picture, but the image above shows how big it actually is. Is the attack…
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Oil & gas assets dominate the top-performing ETFs of 2022
The top-performing ETFs of 2022 all have a common theme: they’re oil & gas related. Excluding leveraged ETFs, the United States Natural Gas Fund (NYSE:UNG) is the top-performing ETF of 2022. Don’t confuse oil for gas: Crude oil uses include gasoline, jet fuel and product manufacturing. Natural gas uses include electricity generation, heating and industrial…
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Russia holds Europe’s natural gas supply “hostage”
All financial eyes are on the Nord Stream 1 pipeline — Europe’s largest gas import infrastructure. Russia has the pipeline “hostage,” and one event’s outcome in seven days could send Europe into crisis mode… All eyes are on the Nord Stream 1 pipeline, Europe’s largest gas import infrastructure. The pipeline carries gas from Russia to…
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