- October 4th, 2022
European Gas Drops as Mild Weather and Stockpiles Ease Nerves
European natural gas prices extended declines as mild weather and ample stockpiles ease concerns about shortages. ›
European natural gas prices extended declines as mild weather and ample stockpiles ease concerns about shortages. ›
Oil prices edged higher on Tuesday as expectations that OPEC+ may agree to a large cut in crude output when it meets on Wednesday offset concerns about the global economy. ›
Natural gas prices in Europe fell amid signs it will be able to navigate this winter as the EU promised more steps to contain the crisis after an initial package was agreed last week. ›
Oil prices jumped more than 3% in early Asian trade on Monday, as OPEC+ considers cutting output by more than 1 million barrels a day, for its biggest reduction since the pandemic, in a bid to support the market. ›
Natural gas prices in Europe fluctuated as energy ministers gathered for an emergency meeting for a second time in less than a month in an effort to control a crisis that’s threatening the region’s economy. ›
Oil prices were little changed during Asian trade on Friday, though headed for their first weekly gain in five weeks, underpinned by a weaker U.S. dollar and the possibility that OPEC+ may agree to cut crude output when it meets on Oct. 5. ›
European natural gas prices fell after a two-day rally as traders assessed risks to supply over the winter amid heightened tensions with Russia, even as steadily filling inventories ease some nerves. ›
Oil prices fell on Thursday, with a stronger dollar paring the previous day’s more than $3 gain, though losses were capped by indications that the OPEC+ producer group might cut output. ›
Natural gas prices in Europe surged after Russia said it may cut off supplies via Ukraine, the last route still delivering the fuel to western Europe. ›
Oil prices fell more than 1% on Wednesday, pressured by a strengthening dollar and crude storage builds that offset support from U.S. production cuts caused by Hurricane Ian. ›