- June 16th, 2022
Oil prices fall after U.S. rate hike, but tight supply still in focus
Oil prices erased early gains to head lower on Thursday, a day after a fall triggered by a U.S. interest rate hike, though tight supply limited losses. ›
Oil prices erased early gains to head lower on Thursday, a day after a fall triggered by a U.S. interest rate hike, though tight supply limited losses. ›
Natural gas prices in Europe jumped after Russia stepped up an energy war by cutting supplies through the largest link to the continent to less than half of its usual volumes. ›
European natural gas prices jumped as reduced supplies raised concerns about the pace of refilling storage sites in time for next winter, just as a heat wave boosts demand for cooling. ›
Oil prices rose on Wednesday, rebounding from losses earlier in the session amid concerns over fuel demand and the broader economy ahead of an expected big hike in interest rates by the U.S. Federal Reserve. ›
European natural gas extended gains Tuesday as fluctuating pipeline flows from Russia stoked supply concerns. ›
Oil prices rose about $1 in volatile trade on Tuesday as tight global supplies outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China. ›
European natural gas prices declined on Monday as muted demand helped to ease a tight market. ›
Oil prices dropped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing dashed hopes for a rapid pick-up in China’s fuel demand, while worries about global inflation and sluggish economic growth further depressed the market. ›
Oil rose on Friday and was on track for another weekly gain supported by solid fuel demand in the United States, although fresh COVID-19 alerts in Shanghai and Beijing curbed gains ›
LONDON — British prompt gas prices fell on Friday morning as an outage on the interconnector between Britain and Belgium left Britain struggling to deal with an oversupplied market ›