- April 14th, 2023
Europe Gas Heads for Weekly Decline With Start of Storage Refill
European natural gas headed for a second weekly decline as demand switched from heating needs to securing inventories for next winter. ›
European natural gas headed for a second weekly decline as demand switched from heating needs to securing inventories for next winter. ›
Oil prices rose on Friday on worries over tightening supply, with the market looking ahead to the International Energy Agency’s (IEA) monthly report later in the day to clarify the global demand outlook. ›
British and Dutch wholesale gas prices edged down on Thursday morning on healthy supply. ›
Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand. ›
Oil prices edged up on Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve’s policy on future interest rate hikes. ›
European natural gas prices slid further as weather forecasts point to warmer and windier weather, signaling lower consumption of the fuel. ›
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude stockpiles. ›
British wholesale gas prices fell on Wednesday morning on lower consumption and ample supply, while Dutch prices were largely flat as uncertainty around French nuclear output continued. ›
Oil prices rose on Wednesday, boosted by expectations of U.S. crude inventory declines as well as the latest output cut targets set by the OPEC+ producer alliance. ›
British and Dutch gas prices were mixed on Tuesday morning as lower temperatures and reduced imports from Norway and Russia lent some support, while stable inventories put pressures on prompt prices. ›