- January 31st, 2023
Oil slips on rate hike worries, Russian export flows
Oil prices fell on Tuesday as the threat of further interest rate increases and ample Russian crude flows outweighed demand recovery expectations from China. ›
Oil prices fell on Tuesday as the threat of further interest rate increases and ample Russian crude flows outweighed demand recovery expectations from China. ›
European natural gas fluctuated as the return of warmer weather keeps a lid on heating demand, even as cheaper fuel brings the possibility of a rebound in industrial consumption. ›
Oil prices fell on Monday, giving up earlier gains, as global producers will likely keep output unchanged during a meeting this week and investors are cautious ahead of a U.S. Federal Reserve meeting that may spur market volatility. ›
European natural gas slid for a fifth straight day amid prospects that a long-shut export terminal in the US might resume shipments later this quarter. ›
Oil prices edged ahead for a second session on Friday, buoyed by stronger-than-expected U.S. economic growth and hopes of a rapid recovery in Chinese demand as COVID-19 cases and deaths plunged from last month’s peak levels. ›
European natural gas fluctuated after three days of declines, with traders weighing risks of increased competition with Asia for the vital fuel after the recent slump in prices. ›
SINGAPORE, Jan 26 (Reuters) – Oil prices were steady on Thursday after U.S. crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming EU ban on Russian refined products. ›
Crude oil prices inched higher on Wednesday as optimism for a demand recovery in China and expectations that major producers will maintain current output policy offset global recession worries. ›
British and Dutch wholesale gas prices edged lower on Tuesday as forecasts for milder temperatures and increased wind power output curbed demand. ›
European natural gas fluctuated with Norwegian supplies expected to drop to the lowest in more than two months in the middle of a cold snap that’s boosting demand. ›