- November 29th, 2022
European Gas Prices Advance as Cold Snap Set to Boost Demand
European natural gas prices rose as much as 5.6% with frigid weather expected to start eroding gas inventories and outages at a few key facilities on Tuesday. ›
European natural gas prices rose as much as 5.6% with frigid weather expected to start eroding gas inventories and outages at a few key facilities on Tuesday. ›
Oil jumped on Tuesday, buoyed by hopes that China would relax its COVID-19 controls after rare protests against the country’s zero-COVID strategy over the weekend in big Chinese cities. ›
Natural gas prices in Europe fluctuated on Monday as Russia’s decision not to cut flows via Ukraine countered concerns that cold weather could boost demand. ›
Oil prices slumped on Monday as street protests against strict COVID-19 curbs in China, the world’s biggest crude importer stoked concern about the outlook for fuel demand. ›
Natural gas prices in Europe headed for a weekly gain as low winter temperatures risk pushing households to turn on heaters. ›
Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. ›
European natural gas prices fluctuated as lower temperatures bring the prospects of a tighter market even as politicians gather to hammer out measures to ease the energy crisis. ›
Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations’ proposed range for a price cap on Russian oil was higher than current trading levels, alleviating concerns over tight supply. ›
Oil prices inched higher on Wednesday as data showing a larger-than-expected U.S. crude drawdown last week outweighed concerns about lower fuel demand from China amid tightening COVID-19 curbs. ›
Oil prices were little changed on Tuesday as global recession worries and concerns about China’s rising COVID-19 case numbers denting demand from the world’s top crude oil importer were offset by the positive impact of a retreat in the U.S. dollar. ›