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Industry Insight

  • September 24th, 2021

EUROPE GAS-Prices ease as Norwegian supplies ramp up

British and European wholesale gas prices fell for a third straight day on Friday morning as Norwegian gas flows ramped up, alleviating some concerns over tight supplies this winter. ›

  • September 24th, 2021

Oil edges higher on supply concerns, China releases 4.43 mln barrels

Oil prices rose on Friday for a fourth straight day due to global supply concerns following powerful storms in the United States, with China’s first public sale of state crude reserves causing a momentary blip in the rise. ›

  • September 23rd, 2021

Oil prices rise on tight supply, renewed risk appetite

Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories as production remains hampered in the Gulf of Mexico after two hurricanes. ›

  • September 22nd, 2021

EUROPE GAS-Prices fall as wind power ramps up

British and European wholesale gas prices fell on Wednesday morning as expectations of higher output from wind farms curbed power plant demand for gas. ›

  • September 22nd, 2021

Oil prices rise over $1 after report of big draw in U.S. crude stocks

Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. ›

  • September 21st, 2021

EUROPE GAS-Prices mixed in volatile trade, but bullish trend remains

European wholesale gas prices were volatile on Tuesday, with some contracts easing and others gaining, but the overall bullish picture ahead of the winter season remained intact. ›

  • September 21st, 2021

Oil rises 1% as U.S. storm aftermath tightens supply

Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property group China Evergrande. ›

  • September 20th, 2021

EUROPE GAS-Prices rise ahead of gas capacity auctions

British wholesale gas prices rose on Monday morning ahead of capacity auctions which will help to signal how much gas can Europe can expect from Russia. ›

  • September 17th, 2021

EUROPE GAS-Prices climb on lower Norwegian imports, lower temperature forecasts

British and European gas prices rose on Friday morning with lower imports from Norway and forecasts for cooler temperatures adding to bullish sentiment about low stock levels. ›

  • September 17th, 2021

Oil fall as U.S. storm-hit supply makes slow return

Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts were on track for weekly gains of more than 3% as recovery in output is seen lagging demand. ›

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