- September 10th, 2024
European Gas Prices Push Higher as Cold Snap Takes Hold
European natural gas prices edged higher as the season’s first cold snap takes hold, potentially raising demand ahead of the official start of the heating season. ›
European natural gas prices edged higher as the season’s first cold snap takes hold, potentially raising demand ahead of the official start of the heating season. ›
Oil futures jumped in Asian trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and as markets recovered from a selloff following weaker-than-expected U.S. jobs data on Friday. ›
Oil prices held at a 14-month low on Thursday as worries about demand in the U.S. and China and a likely rise in supplies out of Libya offset a big withdrawal from U.S. inventories and a delay to output increases by OPEC+ producers. ›
European natural gas prices extended gains as signs of more intense competition for fuel emerged from Egypt. ›
European natural gas hovered near oversold territory following three days of declines, as worries about near-term supplies ease. ›
Oil prices edged up after plunging to multi-month lows previously as major producers may delay an output increase planned for next month and U.S. inventories fell, though the gains were limited by persistent demand concerns. ›
Oil prices fell on Wednesday, extending a plunge of more than 4% the previous day and hovering at their lowest since December, on expectations that a political dispute halting Libyan exports could be resolved and concerns over sluggish global demand. ›
Brent oil prices fell on Tuesday as sluggish economic growth in China, the world’s biggest crude importer, increased worries about demand that overshadowed the impact of the halt of production and exports from Libya. ›
Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in China and the U.S., the world’s two largest oil consumers, raised concerns about future consumption growth. ›
Oil prices rose on Friday as investors weighed supply concerns in Libya and Iraq, although signs of weakened demand, particularly in China, limited gains. ›