- August 12th, 2022
Oil prices set for weekly climb, but cloudy outlook caps gains
Oil prices inched higher on Friday, with benchmark contracts headed for a weekly climb as recession fears eased, though an uncertain demand outlook capped gains. ›
Oil prices inched higher on Friday, with benchmark contracts headed for a weekly climb as recession fears eased, though an uncertain demand outlook capped gains. ›
Natural gas overtook nuclear as the biggest source of power in Europe last month, highlighting the challenge of replacing the fuel ahead of winter when supply will get more scarce. ›
Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand. ›
European natural gas prices rose on Wednesday after three sessions of declines as countries in the region warned of a possibly difficult winter ahead. ›
Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand. ›
European natural gas prices fell for a third day as fuel held in storage facilities across Europe edged above the seasonal norm. ›
Oil prices slipped on Tuesday as traders eyed the latest progress in last-ditch talks to revive the 2015 nuclear accord with Iran, which would clear the way to boost its crude exports in a tight market. ›
Oil swung between gains and losses in volatile summer trading as investors continue to weigh the potential hit to demand from an economic slowdown. ›
European natural gas prices headed for a third weekly gain as persistent concerns over Russian supply heightens the risk of shortages. ›
Oil prices rose on Friday, bouncing off their lowest levels since February in the previous session, as supply shortage concerns were enough to cancel out fears of slackening fuel demand. ›