- October 3rd, 2023
Europe’s November Gas Contract Slumps as Demand Collapses
Natural gas prices in Europe slumped as unusually warm weather destroys demand already eroded by weak appetite from industry. ›
Natural gas prices in Europe slumped as unusually warm weather destroys demand already eroded by weak appetite from industry. ›
Oil prices slipped by around 1% in early Asian trade on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, rising U.S. bond yields and mixed supply signals. ›
European natural gas prices declined as traders weighed supply risks against a mild weather forecast for October. ›
Oil prices edged up on Monday, recouping some of the losses suffered at the end of last week, as investors focused on a tight global supply outlook while a last-minute deal that avoided a U.S. government shutdown restored risk appetite. ›
Oil prices slipped on Friday but were headed for a gain of 2% for the week driven by tight U.S. supply and expectations of strong fuel demand in China during the Golden Week holiday. ›
European natural gas prices advanced as outages continued to weigh on fuel flows while the region’s heating season approaches. ›
.S. oil futures jumped to their highest in more than a year on Thursday as a drop in crude stocks in the United States added to worries over tight global supplies from OPEC+ output cuts. ›
Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a “soft landing” for the U.S. economy. ›
Oil prices fell on Tuesday amid concerns that fuel demand will be crimped by major central banks holding interest rates higher for longer, even with supply expected to be tight. ›
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that could dampen demand. ›