- October 11th, 2023
Oil ticks up on lingering worries about supply disruptions
Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil. ›
Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil. ›
Egypt is weighing the impact of a halt in production at Israel’s Tamar gas field on its plans to resume LNG exports to Europe, according to officials. ›
Oil prices eased on Tuesday after rallying more than 4% in the previous session, with traders cautious as they watched for potential supply disruptions amid military clashes between Israel and the Palestinian Islamist group Hamas. ›
Europe’s natural gas futures jumped after a leak was discovered on a pipeline in the Baltic region, sparking concerns about security of infrastructure as the winter approaches. ›
Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about supplies. ›
Oil prices were stable on Friday but were on course for a week-on-week loss, as demand fears driven by macroeconomic headwinds were compounded by another partial lifting of Russia’s fuel export ban on Friday. ›
European natural gas prices fluctuated after a brief rebound on Wednesday, as lackluster demand counters concerns about potential cold spells later this month. ›
Oil prices inched up on Thursday, clawing back some of the previous session’s big losses after an OPEC+ panel maintained oil output cuts to keep supply tight, though an uncertain demand outlook capped gains. ›
European natural gas futures drifted higher after a steep decline earlier this week, with traders weighing different weather forecasts to gauge fuel needs at the start of the heating season. ›
Oil fell on Wednesday ahead of a panel meeting of OPEC+ ministers, as the market weighed expectations of supply tightness against fears that high interest rates could reduce fuel demand. ›