British and Dutch gas prices fell on Tuesday morning on expectations that maintenance outages due to end at some Norwegian infrastructure would boost supply and as strong renewables output curbed gas demand for power. ›
Oil prices rose on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia against the backdrop of an uncertain global economic outlook. ›
Dutch and British wholesale gas prices rose on Monday morning, driven by concerns over supply as well as rising demand from the power sector, with expected hot weather likely to result increased use of air conditioning. ›
Oil prices fell on Monday as concerns about a global economic slowdown and possible further interest rate hikes from the U.S. Federal Reserve weighed on prices, offsetting forecasts of tighter supplies amid OPEC+ cuts. ›
European natural gas is set for its biggest monthly gain since last summer, near the height of the region’s energy crisis, following the most volatile stretch for trading this year. ›
Oil prices stayed steady on Friday with Brent poised for its first monthly gain this year, as a big drawdown in U.S. oil stocks outweighed concerns that fuel demand will be dented further by more interest rate rises. ›
Oil prices fell on Thursday, paring some of the previous day’s gains, as investors took profits on concerns of further interest rate hikes dampening economic growth and global fuel demand while weak economic data in China also weighed on sentiment. ›
Dutch and British wholesale gas prices declined on Wednesday morning on higher wind output forecasts, softer consumption and healthy storage levels. ›
Oil prices edged higher on Wednesday after industry data showed a larger-than-expected drawdown of U.S. inventories, signalling robust demand from the world’s biggest oil consumer, but the gains were limited by worries over interest rate hikes. ›
European natural gas rose as traders turned their attention to forecasts for hotter weather next month, which is likely to stimulate demand, even as supply risks remain. ›
