- May 19th, 2022
European Gas Declines as LNG Imports Help Boost Stockpiles
Natural gas prices in Europe edged lower as liquefied natural gas continued to arrive, helping replenish stock levels and easing concerns over supply. ›
Natural gas prices in Europe edged lower as liquefied natural gas continued to arrive, helping replenish stock levels and easing concerns over supply. ›
Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic growth. ›
Natural gas prices in Europe fluctuated as buyers try to unravel mixed signals from Brussels about how they can keep paying for Russian supplies without running afoul of sanctions. ›
Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will push up demand and as industry data showed drawdowns in U.S crude inventories. ›
European natural gas futures touched a four-week low, after the European Union said companies can keep importing Russian supplies without breaching sanctions. ›
Oil prices inched lower on Tuesday as Hungary resisted a European Union push for a ban on Russian oil imports, a move that would tighten global supply, with investors taking profits on a recent rally. ›
The European Union’s plan to offer energy firms a way to pay for Russian natural gas without breaching sanctions helped send prices lower for a second day as invoice deadlines loom. ›
Oil prices fell on Monday, paring early gains as investors took profit following a surge in the previous session, albeit in the shadow of supply fear as the European Union prepares an import ban on Russian crude and with limited increase in OPEC output. ›
Natural gas prices in Europe held steady after a rally caused by disruptions at a key transit route through Ukraine and retaliatory action by Moscow that curbed supplies to Germany. ›
Oil prices rose around 1.5% on Friday but were headed for their first weekly loss in three weeks as worries about inflation and China’s COVID lockdowns slowing global growth offset concerns about dwindling fuel supplies from Russia. ›