British and Dutch gas prices fell on Thursday morning, as milder weather and stronger wind forecasts for next week helped to alleviate the impact of reduced power output and LNG terminal closures in France. ›
Oil prices were in a holding pattern on Thursday, as a larger-than-expected draw in U.S. crude stocks and hopes for China demand contended with worries that more aggressive U.S. interest rate rises would slow economic growth and dent oil consumption. ›
European energy prices rose amid fresh concerns about corrosion in France’s nuclear fleet, against a backdrop of strikes throughout the country and a cold snap elsewhere in the region. ›
British and Dutch gas prices rose on Wednesday morning due to strikes in France and an ongoing cold snap in Britain and amid concerns of Russian escalation after new intelligence pointed to a pro-Ukraine group in the attack on the Nord Stream pipeline. ›
Oil prices fell for a second straight session on Wednesday, driven by fears that more aggressive U.S. interest rate hikes would hit demand, while the market awaited further clarity on inventories. ›
European natural gas prices rebounded amid signs that colder-than-usual weather will extend into April, posing a potential pressure point for the region’s inventories. ›
Oil prices were little changed on Tuesday, after rising for the past five sessions, as concerns about limited spare capacity in the market and uncertainty over Russian supplies offset mixed oil data from top crude importer China. ›
il prices slipped on Monday after China set a lower-than-expected target for economic growth this year at around 5%, and as investors cautiously awaited U.S. Federal Reserve Chair Jerome Powell’s testimony this week. ›
Oil prices fell on Friday, but were poised for a weekly gain as renewed optimism on China’s demand recovery overrode recession worries brought by growing crude inventories in the U.S. and tightening monetary policy in Europe. ›
Oil slipped on Thursday on worries about rising U.S. crude inventories and concerns about more rate hikes in Europe potentially hitting growth, paring this week’s gains on signs of a strong economic rebound in China. ›
