- July 7th, 2017
Oil Slips Near $45 as U.S. Output Jump Offsets Stockpile Slide
Oil slipped to trade near $45 a barrel as investors weighed expanding U.S. production against declining crude and gasoline stockpiles. ›
Oil slipped to trade near $45 a barrel as investors weighed expanding U.S. production against declining crude and gasoline stockpiles. ›
British wholesale gas prices declined on Thursday morning due to robust supplies and high temperatures which dulled demand. ›
Oil prices recovered some ground on Thursday on strong demand in the United States, but analysts cautioned that oversupply would continue to drag on markets after a steep fall in the previous session. ›
British wholesale gas prices dipped on Wednesday due to high Norwegian flows and expectations for liquefied natural gas (LNG) deliveries in July. ›
Oil dipped on Wednesday, pulled down by another rise in OPEC supplies despite a pledge to cut production, but geopolitical tensions in the Korean peninsula and the Middle East put a floor under prices. ›
British wholesale gas prices fell on Tuesday morning, reversing some of the gains made in the previous trading session, as supplies from Norway and domestic production increased. ›
Oil snapped its longest run of gains this year as OPEC output rose amid a boost from members exempt from supply cuts. ›
Prompt British wholesale gas rose on Monday morning in an undersupplied market, as forecasts of weak output from the country’s wind farms led to an increase in demand from gas-fired power plants. ›
Oil markets edged up on Monday, lifted by the first fall in U.S. drilling activity in months, although price gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply. ›
British wholesale gas prices fell on Friday due to increased Norwegian flows that caused the system to be oversupplied. ›