- October 13th, 2022
Europe Gas Jumps as Worries Over Norway Flows Add to Russia Risk
European natural gas jumped as worries over major facilities in Norway added to supply risks from Russia. ›
European natural gas jumped as worries over major facilities in Norway added to supply risks from Russia. ›
European natural gas prices fluctuated as fears that Russia’s escalating war in Ukraine could hit supplies countered steadily building stockpiles in the continent. ›
Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China. ›
Oil prices slid on Tuesday, extending losses of nearly 2% in the previous session, as a stronger U.S. dollar and a flare-up in COVID-19 cases in China raised concerns of slowing global demand. ›
Natural gas prices fluctuated as traders weighed the potential for supply disruptions — due to an escalation of Russia’s war in Ukraine — against strong LNG imports elsewhere in Europe. ›
Oil prices fell on Monday, snapping five days of gains, as investors took profits after a report on slowing economic activity in China, the world’s biggest crude importer, re-ignited concerns about falling global fuel demand. ›
Oil prices rose about 1% on Thursday, holding at three-week highs after OPEC+ agreed to tighten global supply with a deal to cut production targets by 2 million barrels per day (bpd), the producers’ largest reduction since 2020. ›
Dutch and British wholesale gas prices rose on Thursday morning, driven by expectations of increased competition for liquefied natural gas (LNG) supplies and as concerns about post-winter stock build gained prominence. ›
Oil prices stabilised near three-week highs on Thursday after OPEC+ agreed to further tighten global crude supply with a deal to slash production by about 2 million barrel per day, the largest reduction since 2020. ›
Oil prices were little changed on Wednesday ahead of a meeting of OPEC+ producers to discuss a big cut in crude output after gaining more than 3% in the previous session. ›