Oil prices fell on Tuesday, relinquishing some of the strong gains of the previous two sessions with the market cautious ahead of U.S. inflation figures for April, which will be key to the Federal Reserve’s next interest rate decision. ›
The European benchmark gas price lifted from a fresh 21-month low on Friday morning but remains weighed down by healthy supplies of liquefied natural gas, well-filled storage sites and moderate weather. The Dutch TTF front-month contract on the Intercontinental exchange (ICE) was up by 0.18 euros at 35.83 euros per megawatt hour (MWh) by 0929 GMT. ›
Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. ›
The European benchmark gas price remained at its lowest level in 21 months on Thursday amid solid inventories, strong flows of liquefied natural gas (LNG) and low consumption due to mild weather and strong winds. ›
Oil prices rose on Thursday but were unable to claw back the more than 9% decline during the previous three days as demand concerns in major consumers overrode signals that the U.S. may pause its interest rates increases. ›
The European benchmark gas price hit its lowest in 21 months on Wednesday amid healthy supply and lower demand because of milder, windier weather. ›
Oil extended losses on Wednesday after plunging 5% in the previous session, as investors priced in expectations for interest rate hikes in the U.S. and Europe and waited for clarity on future policy path. ›
British and Dutch wholesale gas prices fell on Tuesday as expectations of strong wind power output curbed demand. ›
Oil prices fell in Asian trade on Tuesday, extending losses seen in the previous session, as weak economic data from China and expectations of a U.S. interest rate increase weigh on the market. ›
European natural gas prices are headed for a fourth consecutive weekly slide, with demand for the fuel not expected to pick up until later this year. ›
