The European Union is better prepared to ensure its energy security ahead of the winter season, the State of the Energy Union Report 2023 says.
The 27-nation bloc's gas storage facilities were filled to 95 percent of capacity ahead of the winter of 2022-2023 and currently stand at more than 98 percent full today.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.