An extended run of bone-chilling cold is poised to send demand for power and natural gas surging across much of the US this weekend, with snow expected in the Northeast by Sunday and a chance of snow or sleet along the Gulf Coast early next week.
US measures targeting Moscow have pushed prices up and forced China and India to look for new supplies.
Oil headed for a fourth straight weekly gain ahead of President-elect Donald Trump’s second term, with traders seeking clarity on far-reaching sanctions and trade policies.
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