#1 FREE Swing Trading Strategy and Stock Picks for Day Traders
You Can SCAN Stocks, Forex and Futures for 33 Cents a Day? Start Your FREE 30 Day Trial NOW!
MarketClub incl. Chart Portfolio - Smart Scan - Trade School - Streaming Chart Tools - News...
Free Trend Analysis
You Are Here: Home > Articles > Contributors > Russia, the new Enron?
Russia, the new Enron?
You Are Here:Home > Articles > Contributors > Russia, the new Enron?
Russia, the new Enron?
Jan 06, 2009
Print
Email
Jan. 6 (Bloomberg) - Russias natural gas dispute with Ukraine worsened, shutting off fuel shipments to Europe for the first time in three years and driving energy prices higher.
Russia and Ukraine blamed each other for the cuts as gas shipments from OAO Gazprom through Ukraine plummeted and deliveries to the Balkans were halted. The conflict caused U.K. gas prices to jump as much as 27 percent. NAK Naftogaz Ukrainy Chief Executive Officer Oleh Dubina said he would return to Moscow on Jan. 8 to resume talks.
A large part of Europe seems to have been affected, and prices have spiked there. They say there was no warning, who's willing to bet a russian hedge fund somewhere is raking in billions from such a sure bet?
Russia and Ukraine blamed each other for the cuts as gas shipments from OAO Gazprom through Ukraine plummeted and deliveries to the Balkans were halted. The conflict caused U.K. gas prices to jump as much as 27 percent. NAK Naftogaz Ukrainy Chief Executive Officer Oleh Dubina said he would return to Moscow on Jan. 8 to resume talks.
A large part of Europe seems to have been affected, and prices have spiked there. They say there was no warning, who's willing to bet a russian hedge fund somewhere is raking in billions from such a sure bet?
Rate this article
You Are Here:Home > Articles > Contributors > Russia, the new Enron?
Latest Articles
- Monthly Elliott and Fibonacci Analysis of India’s Nifty July 4
- Cars.com 2009 American-Made Car Index: Detroit Automakers Claim Only 5 of Top 10, Fewest Ever
- Waxman-Markey and the Great Depression II?
- A Reader Responds
- Chart of the Week: Breaking Down the S&P 500 Index in Q2
- US Workers Pay Continues to Suffer - First 0.0% Monthly "Growth" I Can Recall
- US Economic Week Ahead: The Calm after the Storm
- Update on 2009 Predictions
- Instead of Adopting Canadian-style Health Care, How About Learning from Its Banking System?
- Stronger Underwriting, Bigger Down Payments
- These Will Confirm
- Employment Situation: Job Anti-Growth - A Decade with Zero Net Added Jobs. 131 Million Nonfarm Payroll Employment in June of 2000. 131 Million Nonfarm Payroll Employment in June of 2009. 6,460,000 job losses since start of Recession.
-
Education
- Intro to Swing Trading
- Technical Analysis
-
Signals & Software
- SwingTracker
- Stock Scan PRO
-
Free Services
- Stock Charts
- Messenger
