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  • May 25th, 2023

European Gas Slumps Again as Industries Struggle to Boost Demand

European natural gas prices fell further from the lowest level in almost two years as a weak regional economy hits the prospects for demand. ›


  • May 25th, 2023

Oil stable as investors weigh US debt uncertainty, potential OPEC+ cuts

Oil prices were little changed on Thursday as uncertainty over whether the United States will avoid a debt default weighed against the prospect of further OPEC+ production cuts. ›


  • May 24th, 2023

Europe Gas Falls Further as Traders Eye Weaker Demand Prospects

European natural gas prices declined further to the lowest level in nearly two years as demand prospects for the region remain bleak. ›


  • May 24th, 2023

Oil prices rise as much as $1 on concerns over tightening supply

Oil prices pared their gains on Wednesday but were still solidly bid, after U.S. inventories and fuel supplies tightened and as a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts. ›


  • May 23rd, 2023

Gas: Prices mixed as Norway outage weighs despite healthy inventories

British and Dutch wholesale gas prices were mixed on Tuesday as worries over an outage extension in Norway offset healthy inventories and strong flows of liquefied natural gas (LNG). ›


  • May 23rd, 2023

Oil slips as US debt ceiling concerns offset tight supply

Oil prices slipped on Tuesday as investor concern over the risk of a U.S. debt default dampened risk appetite, although a tighter market due to a seasonal rise in gasoline demand and supply cuts from OPEC+ producers lent support. ›


  • May 22nd, 2023

European Gas Prices Drop as Goldman Sees Fuel-Switching Floor

European natural gas neared a two-year low as weak industrial demand and ample supplies weigh on prices, with Goldman Sachs Inc. seeing the possibility of a floor in the mid-€20 range. ›


  • May 22nd, 2023

Oil down 1%, US debt caution offsets supply worries

Oil prices slipped on Monday as caution around U.S. debt ceiling talks and concerns about demand recovery in China offset support from lower supplies from Canada and OPEC+ producers. ›


  • May 19th, 2023

European Gas Prices Edge Higher as Market Finds Floor Around €30

European natural gas futures rose from a 23-month low, in a sign that traders see €30 as a floor for prices for now, with demand remaining stubbornly low. ›


  • May 19th, 2023

Oil rebounds on fading risk of US debt default

Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously optimistic over the fading risk of a U.S. debt default. ›


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