The benchmark Dutch front-month gas contract inched up on Wednesday but remained near its 2-year low on solid inventories and weak demand and is expected to remain at low levels as rising temperatures contribute to lower heating demand. ›
Oil prices fell for a second day on Wednesday after a surprise rise in U.S. crude inventories stoked demand concerns on the heels of weaker-than-expected economic data from the United States and China, the world’s two biggest oil consumers. ›
The benchmark Dutch front-month contract fell to a fresh near 2-year low on Tuesday amid tepid demand and strong supply, but lower wind speeds supported day-ahead prices. ›
Oil futures traded sideways on Tuesday, after mostly weaker-than-expected data from China muddied the outlook for demand from the world’s top crude importer while U.S. plans to refill its Strategic Petroleum Reserve (SPR) underpinned prices. ›
European natural gas prices extended a six-week decline as sluggish demand curbs the need for more aggressive purchases to fill inventories. ›
Oil prices fell on Monday as concerns about fuel demand in the top global oil consumers, the United States and China, offset bullish sentiment about tightening supplies from OPEC+ cuts and a resumption in U.S. buying for reserves. ›
Oil prices fell on Friday, set for their fourth weekly decline, as renewed economic concerns in the United States and China revived anxieties about fuel demand growth in the world’s two largest oil consumers. ›
British and Dutch wholesale gas prices were flat on Thursday as solid inventories and strong flows of liquefied natural gas (LNG) eased concerns over delayed injections due to outages at a number of facilities in Norway and Denmark. ›
Oil prices rose on Thursday, clawing back some of the previous day’s losses, supported by fuel demand data from the United States, the world’s top oil consumer. ›
Oil prices fell on Wednesday, ending a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns and investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. ›
