- April 13th, 2023
Oil falls as investors cautious about U.S. recession risk
Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand. ›
Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand. ›
Oil prices edged up on Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve’s policy on future interest rate hikes. ›
European natural gas prices slid further as weather forecasts point to warmer and windier weather, signaling lower consumption of the fuel. ›
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude stockpiles. ›
British wholesale gas prices fell on Wednesday morning on lower consumption and ample supply, while Dutch prices were largely flat as uncertainty around French nuclear output continued. ›
Oil prices rose on Wednesday, boosted by expectations of U.S. crude inventory declines as well as the latest output cut targets set by the OPEC+ producer alliance. ›
British and Dutch gas prices were mixed on Tuesday morning as lower temperatures and reduced imports from Norway and Russia lent some support, while stable inventories put pressures on prompt prices. ›
Oil prices rose on Tuesday after OPEC+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the impact of higher prices on the global economy. ›
British and Dutch gas prices rose on Monday morning as colder weather forecasts and lower wind speeds increased demand and market players remained concerned over hydro levels ahead of summer. ›
Oil prices surged on Monday, posting the biggest daily rise in nearly a year, after a surprise announcement by OPEC+ to cut more production jolted markets. ›