- October 2nd, 2023
European Gas Prices Decline as Mild Weather Offsets Supply Risks
European natural gas prices declined as traders weighed supply risks against a mild weather forecast for October. ›
European natural gas prices declined as traders weighed supply risks against a mild weather forecast for October. ›
Oil prices edged up on Monday, recouping some of the losses suffered at the end of last week, as investors focused on a tight global supply outlook while a last-minute deal that avoided a U.S. government shutdown restored risk appetite. ›
Oil prices slipped on Friday but were headed for a gain of 2% for the week driven by tight U.S. supply and expectations of strong fuel demand in China during the Golden Week holiday. ›
European natural gas prices advanced as outages continued to weigh on fuel flows while the region’s heating season approaches. ›
.S. oil futures jumped to their highest in more than a year on Thursday as a drop in crude stocks in the United States added to worries over tight global supplies from OPEC+ output cuts. ›
Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a “soft landing” for the U.S. economy. ›
Oil prices fell on Tuesday amid concerns that fuel demand will be crimped by major central banks holding interest rates higher for longer, even with supply expected to be tight. ›
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that could dampen demand. ›
European natural gas prices declined as Chevron Corp. and labor unions in Australia agreed to end strikes at major export plants, which roiled the market for more than a month. ›
Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further U.S. interest rate hikes could dent demand, but they were still headed for their first weekly loss in four weeks. ›