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  • May 11th, 2023

Oil prices tick up on positive U.S. fuel demand data

Oil prices rose on Thursday, clawing back some of the previous day’s losses, supported by fuel demand data from the United States, the world’s top oil consumer. ›


  • May 10th, 2023

Oil falls on higher US oil stocks, inflation data in focus

Oil prices fell on Wednesday, ending a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns and investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. ›


  • May 9th, 2023

Oil prices ease in cautious trade ahead of US inflation data

Oil prices fell on Tuesday, relinquishing some of the strong gains of the previous two sessions with the market cautious ahead of U.S. inflation figures for April, which will be key to the Federal Reserve’s next interest rate decision. ›


  • May 5th, 2023

Gas: Strong LNG supply, storage levels continue to weigh on prices

The European benchmark gas price lifted from a fresh 21-month low on Friday morning but remains weighed down by healthy supplies of liquefied natural gas, well-filled storage sites and moderate weather. The Dutch TTF front-month contract on the Intercontinental exchange (ICE) was up by 0.18 euros at 35.83 euros per megawatt hour (MWh) by 0929 GMT. ›


  • May 5th, 2023

Oil rises but on track for third week of losses due to demand worries

Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. ›


  • May 4th, 2023

Dutch benchmark remains at 21-month low on lower demand, high stocks

The European benchmark gas price remained at its lowest level in 21 months on Thursday amid solid inventories, strong flows of liquefied natural gas (LNG) and low consumption due to mild weather and strong winds. ›


  • May 4th, 2023

Oil prices recover after three-day plunge; demand worries linger

Oil prices rose on Thursday but were unable to claw back the more than 9% decline during the previous three days as demand concerns in major consumers overrode signals that the U.S. may pause its interest rates increases. ›


  • May 3rd, 2023

Gas: Dutch benchmark hits 21-month low on abundant supply

The European benchmark gas price hit its lowest in 21 months on Wednesday amid healthy supply and lower demand because of milder, windier weather. ›


  • May 3rd, 2023

Oil extends losses ahead of expected interest rate hikes

Oil extended losses on Wednesday after plunging 5% in the previous session, as investors priced in expectations for interest rate hikes in the U.S. and Europe and waited for clarity on future policy path. ›


  • May 2nd, 2023

Gas: Prices fall on high wind power output

British and Dutch wholesale gas prices fell on Tuesday as expectations of strong wind power output curbed demand. ›


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