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(Bloomberg) -- A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldTraders star

A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air conditioning needs. Traders start looking at prices months in advance to gauge the outlook for demand. Already, in mid-April, August power prices for Dallas soared to

Four Indian refiners say they will keep buying Russian crude

India Business News: Indian buyers will continue to purchase crude oil from Russia. Price continues to serve as the primary determinant. Official statistics reveal that in

(Bloomberg) -- Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no plans to turn away from Moscow even as the discount to global benchmarks narrows, arguing Russian barrels remain among their most affordable options. Most Read from BloombergBiden Fears China Economy Is ‘Ticking Time Bomb’Retirees Face $17,400 Cut to Social Security Benefits in 2033Jeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandMaui Fires Show Climate Change’s Ugly