- January 7th, 2025
Oil Holds First Decline This Year on Signs Rally Was Overdone
Oil steadied following its first decline in six sessions, as technical markers showed the recent rally may have gone too far. ›
Oil steadied following its first decline in six sessions, as technical markers showed the recent rally may have gone too far. ›
Oil steadied near its highest level in almost three months, as Saudi Arabia raised its official prices more than expected in a sign the world’s largest crude exporter may see tighter supply. ›
European natural gas prices are poised for a weekly gain as the market grapples with depleting stockpiles and tighter supplies after the loss of Russian flows via Ukraine. ›
Oil has broken out of a tight trading range that it’s been stuck in for months, with a breach of a key technical threshold and shrinking US crude stockpiles helping to drive prices higher. ›
European gas prices advanced on the first trading day of the year as the region braced for freezing winter temperatures without a key source of supply. ›
Oil steadied in the first session of the new year as an industry report signaled US crude stockpiles continued to shrink. ›
European natural gas prices fluctuated near €44 a megawatt-hour with little over a week left until the expiry of a key pipeline transit deal between Russia and Ukraine. ›
Oil edged higher after a weekly drop, as traders gauged President-elect Donald Trump’s threat to reimpose US control over the Panama Canal. ›
Oil declined for a second day, extending a weekly decline, as a strengthening US dollar pressured prices. ›
Oil edged lower as expectations for fewer interest-rate cuts by the Federal Reserve next year boosted the dollar. ›