- November 25th, 2022
European Gas Heads for Weekly Gain as Colder Weather Approaches
Natural gas prices in Europe headed for a weekly gain as low winter temperatures risk pushing households to turn on heaters. ›
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. ›
British prompt gas prices fell on Monday morning amid increased supply from Norway and downward demand revisions, but further out contracts rose both in Britain and the continent. ›
Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from China and U.S. dollar strength weighed on prices. ›
Natural gas prices in Europe headed for a weekly gain, with traders keeping a close eye on how demand will react as a brief cold snap hits most of Europe over the weekend. ›
Oil gave up early gains on Friday and was on track for a second weekly decline, pressured by concern about weakening demand in China and further interest rate rises by the U.S. Federal Reserve. ›