Oil prices fell on Monday to their lowest in 15 months on concerns risks in the global banking sector may cause a recession that would lead fuel demand to decline and ahead of a potential hike in U.S. interest rates this week. ›
British and Dutch wholesale gas prices fell on Thursday morning as forecasts for warmer temperatures dented demand but uncertainties about France’s nuclear output and strikes at its liquefied natural gas (LNG) terminals provided some support. ›
Oil prices clawed back some ground on Thursday after sliding to 15-month lows in the previous session as markets calmed somewhat after Credit Suisse (CSGN.S) was thrown a financial lifeline by Swiss regulators. ›
Oil rose almost 1% on Wednesday, after hitting a three-month low in the previous session, as Chinese economic data bolstered hopes for a demand recovery and concern in the wider markets eased of a fresh financial crisis. ›
Dutch and British wholesale gas prices fell for a second day on Tuesday morning, as mild, windy forecasts eased demand from the power sector, but strikes at French LNG terminals and problems at French nuclear plants still provide support. ›
Oil prices fell more than $1 on Tuesday, extending the previous day’s slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a fresh financial crisis. ›
British wholesale gas prices fell on Monday morning due to mild weather, strong wind speeds and high gas imports from Norway, while Dutch prices were mixed amid uncertainties around France’s nuclear output. ›
Oil prices ticked up in Monday’s Asian trade, reversing a weak start as a recovery in Chinese demand and a weaker dollar provided support to a market rattled by the prospect possible further U.S. interest rate increases. ›
European energy prices jumped amid concerns about France’s nuclear fleet and disruptions due to strikes throughout the country, along with a late-winter cold blast in other parts of the region. ›
Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about the prospect of steep interest rate hikes in the United States slowing economic growth and hitting fuel demand. ›
