Europe’s natural gas prices surged after a fire at a large export terminal in the US promised to wipe out deliveries to a market that’s on high alert over tight Russian supplies ›
Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks, while expectations of solid demand in the upcoming driving season also lent support. ›
Oil prices edged higher on Tuesday on an expected demand recovery in China as the world’s second-biggest economy relaxes tough COVID-19 curbs, and on doubts that a higher output target by OPEC+ producers would ease tight supply. ›
British wholesale prompt gas prices rose on Tuesday morning with supply from Norway expected to fall on Wednesday while contracts in the Dutch market eased, as rising storage levels continued to soothe wider concerns over Russian gas flows this winter. ›
British and Dutch wholesale gas prices were mixed on Monday morning amid weak liquidity due to a public holiday in several European cities. ›
Oil futures gained on Monday, with Brent rising above $120 a barrel after Saudi Arabia raised prices for its crude sales in July, signalling tight supply even after OPEC+ producers agreed to accelerate output increases over the next two months. ›
LONDON — British and Dutch wholesale gas prices fell on Wednesday morning, after uncertainty over gas payment in Roubles eased with market players assuming there will be no further supply cuts and after flows to Germany via Nord Stream rebounded ›
Oil prices firmed on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai. ›
German contract for next year, a benchmark for European power prices, rose in sixth consecutive sessions to the highest level this year with rising fuel cost as sanctions limit Russian energy supplies. ›
LONDON — British and Dutch wholesale gas prices rose on Tuesday morning, as gas flows from Russia dipped and Moscow’s cuts in gas supply to Europe escalated with supplies to the Netherlands’ GasTerra halted ›
