- June 28th, 2022
EU Gas Swings as Russia-Turkey Flows Resume While Risks Loom
European natural gas prices fluctuated, with traders weighing the return of flows via Turkey against the risk of a further deterioration in supplies to the continent. ›
European natural gas prices fluctuated, with traders weighing the return of flows via Turkey against the risk of a further deterioration in supplies to the continent. ›
Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked unlikely to be able to boost output significantly, while political unrest in Libya and Ecuador added to supply concerns. ›
Dutch wholesale gas prices rose on Monday morning with fears over Russian and liquefied natural gas (LNG) supply buoying prices while British prompt prices fell on weaker demand for gas from power plants. ›
European natural gas prices rose as Russia’s deep supply cuts are slowing the pace of refilling storage sites, threatening to fall short of the levels required to keep homes warm in the coming winter. ›
Oil prices edged down on Monday in a volatile session as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations in Germany. ›
European natural gas prices headed for a second straight weekly advance as Russia’s deep supply cuts unsettle markets and force governments into policy u-turn to bring back coal power stations. ›
Oil prices edged higher amid a volatile trading session on Friday, as supply uncertainty outweighed fears of slower demand from cooling U.S. economic activity. ›
Dutch wholesale gas prices were mostly higher on Thursday morning after Germany entered Phase 2 of its three-stage emergency gas plan due to reduced supply from Russia. ›
European natural gas prices rose as Germany plans to trigger the second stage of the country’s gas-emergency plan amid a reduction in Russian supplies. ›
Oil prices continued to retreat on Thursday as investors reassessed the risks of recession and the impact of interest rate hikes in major economies on fuel demand. ›