- July 26th, 2023
European Gas Prices Erase Gains as Ample Stocks Offset Risks
European natural gas prices halted their longest streak of gains since April as ample inventories offset risks to supply and a heat wave loosened its deadly grip. ›
European natural gas prices halted their longest streak of gains since April as ample inventories offset risks to supply and a heat wave loosened its deadly grip. ›
LONDON, July 26 (Reuters) – Oil prices slipped on Wednesday, with investors cautious ahead of an expected Federal Reserve rate hike later in the day and a possible increase in U.S. crude supplies. ›
LONDON, July 25 (Reuters) – Oil prices were steady on Tuesday, hovering near three-month highs as signs of tighter supplies and pledges by Chinese authorities to shore up the world’s second-biggest economy lifted sentiment, while weaker Western economic data weighed. ›
Liquefied natural gas stored on ships has jumped to the highest levels in over two months in a sign that weak demand and high inventories in Europe are pushing the fuel toward Asian markets. ›
Oil fell after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against signs of a tighter market. ›
Dutch and British wholesale gas prices rose on Friday morning on expected lower wind and solar output, but the rise isn’t expected to last as demand remains soft due to strong inventories. ›
Brent oil prices rose in Asian trading on Friday, as markets assessed the prospect of economic stimulus in China after weak economic data, falling inventories in the U.S. and supply cuts from key producers. ›
European natural gas declined as recovering fuel flows from Norway eased supply concerns, with investors becoming more bearish again. ›
Oil prices were little changed on Thursday as a lower-than-expected drop in U.S. crude inventories and a potentially weaker demand outlook kept investors cautious. ›
European natural gas prices fell as traders weighed rising storage levels and increased flows from top producer Norway against the impact of extreme heat in southern parts of the continent. ›