European and British wholesale gas prices continued their downward trend on Monday morning on milder weather forecasts, lower demand for heating and high Liquefied Natural Gas (LNG) send out. ›
Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States, and as indirect U.S.-Iran talks on reviving a nuclear deal appeared to hit an impasse. ›
European and British wholesale gas prices fell on Thursday morning on the back of a milder weather forecast and an uptick in wind output cutting demand for gas from power plants. ›
Oil prices rose on Thursday, more than recouping the previous day’s losses, as investors adjusted positions ahead of an OPEC+ decision over supply policy, but gains were capped amid fears the Omicron coronavirus variant will hurt fuel demand. ›
Oil prices rose more than 3% on Wednesday, recouping a big chunk of the previous session’s steep losses, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant of the coronavirus. ›
European and British wholesale gas prices rose on Tuesday morning, as concerns about low stock levels and weak supplies from Russia offset fears over a new coronavirus variant. ›
Oil prices tumbled more than 3% on Tuesday after Moderna’s CEO cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant, spooking financial markets and adding to worries about oil demand. ›
Oil prices rebounded on Monday as investors looked for bargains after Friday’s slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant. ›
Oil prices recorded their steepest daily fall since July on Friday as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter. ›
European and British wholesale gas prices showed a mixed picture on Thursday morning, recovering some earlier losses in a highly volatile market and with signs of milder weather ahead. ›
