- June 6th, 2022
UK & EU Gas: Prices mixed amid weak liquidity
British and Dutch wholesale gas prices were mixed on Monday morning amid weak liquidity due to a public holiday in several European cities. ›
British and Dutch wholesale gas prices were mixed on Monday morning amid weak liquidity due to a public holiday in several European cities. ›
Oil futures gained on Monday, with Brent rising above $120 a barrel after Saudi Arabia raised prices for its crude sales in July, signalling tight supply even after OPEC+ producers agreed to accelerate output increases over the next two months. ›
LONDON — British and Dutch wholesale gas prices fell on Wednesday morning, after uncertainty over gas payment in Roubles eased with market players assuming there will be no further supply cuts and after flows to Germany via Nord Stream rebounded ›
Oil prices firmed on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai. ›
German contract for next year, a benchmark for European power prices, rose in sixth consecutive sessions to the highest level this year with rising fuel cost as sanctions limit Russian energy supplies. ›
LONDON — British and Dutch wholesale gas prices rose on Tuesday morning, as gas flows from Russia dipped and Moscow’s cuts in gas supply to Europe escalated with supplies to the Netherlands’ GasTerra halted ›
European Union leaders handed Hungary concessions to agree an oil embargo on Russia over its invasion of Ukraine, sealing a deal in the wee hours on Tuesday that aims to cut 90% of Russia’s crude imports into the bloc by the end of the year. ›
Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether a planned European Union meeting would reach an agreement on banning Russian oil imports ›
British wholesale gas prices rose on Monday as cooler and less windier weather raised demand for heating and power consumption, while the European prices rose modestly as concerns over Russian gas disruption are easing. ›
European natural gas prices headed for a third straight weekly decline as fears over further disruptions to Russian supplies waned.
Benchmark futures fell as much as 4.3%, hitting the low level since the start of the war in Ukraine. Russian shipments are expected to remain stable on Friday, even as flows through one cross-border point in Ukraine remains cut off because of the conflict. ›