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Ofgem, the UK's Office for Gas and Electricity Markets, is seeking opinions on whether to launch an Energy Market Stabilization Fee (MSC) mechanism to address the risks posed by rising wholesale prices, market volatility, and falling wholesale prices

2026-10-16

Ofgem, the UK's Office for Gas and Electricity Markets, is seeking opinions on whether to launch an Energy Market Stabilization Fee (MSC) mechanism to address the risks posed by rising wholesale prices, market volatility, and falling wholesale prices.

Other News
2026-10-15

U.S. stocks opened lower, with the Dow Jones Industrial Average up 0.46%, the S&P 500 down 0.4%, and the Nasdaq Composite down 1.29%. The chip sector opened lower for the fourth consecutive day this week, with SK Hynix (SKHY.O) and SanDisk (SNDK.O) p

U.S. stocks opened lower, with the Dow Jones Industrial Average up 0.46%, the S&P 500 down 0.4%, and the Nasdaq Composite down 1.29%. The chip sector opened lower for the fourth consecutive day this week, with SK Hynix (SKHY.O) and SanDisk (SNDK.O) plunging 6%, Micron Technology (MU.O) down 3.9%, Western Digital (WDC.O) down over 5%, and Nvidia (NVDA.O) down over 3%.
2026-10-16

Spot silver rose 3.00% on the day, currently trading at $57.30 per ounce.

Spot silver rose 3.00% on the day, currently trading at $57.30 per ounce.
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