- September 13th, 2022
Europe Gas Slumps Again as EU Plans Intervention to Fix Crisis
Natural gas prices fell for a third day as the European Union pushes ahead with its market intervention to ease the worst energy crisis in decades. ›
Natural gas prices fell for a third day as the European Union pushes ahead with its market intervention to ease the worst energy crisis in decades. ›
Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about lower demand in China, the world’s biggest crude importer, and further increases in U.S. and European interest rates. ›
Natural gas prices fell as the market awaits details of unprecedented intervention by the European Union to halt its biggest energy crisis in decades, which is already destroying demand for the fuel. ›
Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe. ›
European natural gas prices fell to the lowest in almost a month as politicians consider how to intervene in regional markets and rein in an unprecedented energy crisis that is threatening the broader economy. ›
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become. ›
Oil sank to the lowest since January as the dollar surged to a record and global demand concerns escalated, including in lockdown-hit China. ›
European natural gas prices erased earlier gains, with traders weighing supply risks against regional moves to stem the effects of the worst energy crisis in decades. ›
Oil prices edged lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market’s recent slide. ›
European natural gas prices eased with politicians scrambling to fix a deepening energy crisis after Moscow switched off its main pipeline to the continent. ›