- November 3rd, 2023
Oil Heads for Weekly Drop on New Demand Woes, War’s Containment
Oil headed for a second weekly loss after the risk premium from the Israel-Hamas vanished, bringing signs of soft demand to the fore. ›
Oil headed for a second weekly loss after the risk premium from the Israel-Hamas vanished, bringing signs of soft demand to the fore. ›
European natural gas futures swung between small gains and losses early Thursday amid lingering concerns about the Middle East conflict and relatively muted demand prospects for the region. ›
Oil rose along with broader financial markets after the Federal Reserve hinted it might be done with raising interest rates, buoying a shaky demand outlook. ›
European natural gas prices eased as traders weighed a mild weather outlook and high inventories against the potential impact of a widening of the war in the Middle East. ›
Oil edged higher after a steep drop spurred by signs that the Israel-Hamas war will remain contained while demand may be softening. ›
European gas prices advanced after a halt in Egypt’s imports raised risks to the country’s liquefied natural gas flows, while the intensifying Israel-Hamas war added to concerns about a wider conflict.https://www.bloomberg.com/news/articles/2023-10-30/european-gas-prices-jump-after-egypt-says-imports-stopped ›
HOUSTON, Oct 30 (Reuters) – Oil slipped more than 3% on Monday with U.S. crude oil futures falling more than $3 a barrel as fears eased about the Israel-Hamas war disrupting supply from the region and as investors grew cautious ahead of this week’s U.S. Federal Reserve meeting ›
Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria raised concerns of a widening of the Israel-Hamas conflict that could impact supply from the key Middle East producing region. ›
European natural gas prices advanced on signs Israel will proceed with a ground invasion of Gaza, adding to concerns that the war could widen and disrupt energy supplies. ›
Oil prices fell on Thursday after a rise in U.S. crude stockpiles and a climb in the dollar index, giving up some ground gained a day earlier when prices jumped on Middle East tensions. ›