- January 16th, 2024
Gas: Prices edge lower on strong supply, milder temperature forecasts
Dutch and British gas prices edged lower on Tuesday morning as strong supply an expectations of milder temperatures weighed on prices. ›
Dutch and British gas prices edged lower on Tuesday morning as strong supply an expectations of milder temperatures weighed on prices. ›
Oil prices were mixed on Tuesday, after posting losses the previous session, as broad economic concerns outweighed continued tensions in the Middle East that led to more tanker diversions. ›
Dutch and British gas wholesale prices fell on Thursday for the fourth day in a row on healthy inventories and strong supply while lower renewables generation kept losses in check. ›
Oil prices edged higher on Thursday on concerns about escalating conflict in the Middle East with more attacks on Gaza and on shipping in the Red Sea, even as a surprise build in U.S. crude stockpiles capped gains. ›
European natural gas prices rebounded after a two-day slide as more attacks on vessels in the Red Sea raised the risk of prolonged disruptions to a key shipping route. ›
Oil rose for a second day on Wednesday after an industry report showed a bigger-than-expected drawdown of crude inventories in the United States, the world’s biggest oil consumer, that bolstered demand sentiment. ›
Dutch and British wholesale gas prices continued to slide downwards on Tuesday morning as strong supply and storage levels offset higher demand. ›
Oil prices steadied on Tuesday after sliding in the previous session, as markets weighed Middle East tensions against demand worries and rising OPEC supply. ›
Oil prices fell by more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting worries about escalating geopolitical tension in the Middle East. ›
Oil prices edged higher on Friday after minutes from a Federal Reserve meeting suggested inflation was under control and as U.S. Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening. ›