- August 13th, 2024
European Gas Prices Fall as Russia Flows Take Steam Out of Rally
European natural gas prices declined for a second day on signs that Russian gas will continue flowing across Ukraine for now, slowing a rush toward bullish bets. ›
European natural gas prices declined for a second day on signs that Russian gas will continue flowing across Ukraine for now, slowing a rush toward bullish bets. ›
Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China. ›
European natural gas prices held near the highest levels since December following concerns over Russian pipeline flows, providing an incentive for more seaborne imports. ›
Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as U.S. recession fears eased while geopolitical tensions in the Middle East supported prices. ›
European natural gas prices are set for a weekly jump of nearly 10% as fears over possible disruptions to Russian fuel crossing Ukraine dominated the market. ›
Oil prices edged up in Asian trading on Friday, heading for a weekly gain of more than 3% as U.S. jobs data calmed demand concerns and fears of a widening Middle East conflict persisted. ›
European natural gas prices resumed gains, trading at the highest levels this year as market participants monitor the transit of Russian fuel across Ukraine. ›
Oil prices fell in choppy trade on Thursday, and looked set to snap a two-session streak during which they gained about 3% due to growing supply risks amid simmering tensions in the Middle East. ›
European gas prices soared to the highest level this year following a report that Ukrainian troops seized the key gas-transit point of Sudzha. ›
Oil prices rebounded by 1% on Tuesday, paring the previous session’s loss, on supply concern amid an escalating Middle East conflict, stronger U.S. services sector data and a cut in production at Libya’s Sharara oilfield. ›