Much of northwestern Europe is set for a warm start to 2024, with temperatures remaining close to or above seasonal norms through early January. ›

Oil traded near its highest close in more than two weeks as more companies shun the Red Sea after a spike in vessel attacks along the key shipping conduit. ›

Oil rose on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions and Russia’s plan to lower exports in December provided additional support. ›

Oil was poised to eke out its first weekly gain in almost two months after dovish signals from the Federal Reserve unleashed a bullish pulse across markets. ›

Oil prices rose on Thursday, extending the previous session’s gains, on a bigger-than-expected weekly withdrawal from U.S. crude storage and a weaker dollar after the U.S. central bank signalled lower borrowing costs for 2024. ›

Hedge funds have turned bearish on European gas prices for the first time in four months, amid confidence that the region will get through another winter without much of the Russian supplies it once relied on. ›

Oil prices edged up on Wednesday, but remained near the six-month lows reached in the previous session after a more than 3% drop, with investors concerned about oversupply and waning demand. ›

Oil prices rose on Monday, extending gains for a second session as U.S. efforts to replenish strategic reserves provided some support, although concerns of crude oversupply and softer fuel demand growth next year persisted. ›

LONDON, Dec 8 (Reuters) – Oil benchmarks were headed for a seventh straight weekly decline on worries over a global supply surplus and weak Chinese demand, although prices recovered ground on Friday after Saudi Arabia and Russia called for more OPEC+ members to join output cuts. ›

European natural gas prices gained for a second day as traders increased the pace of withdrawals from storage sites during the first major cold snap this winter. ›