- April 11th, 2023
Europe Gas Slides As Forecasts Point to Warmer, Windier Weather
European natural gas prices slid further as weather forecasts point to warmer and windier weather, signaling lower consumption of the fuel. ›
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. ›
Oil prices rose on Tuesday after OPEC+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the impact of higher prices on the global economy. ›
British and Dutch gas prices rose on Monday morning as colder weather forecasts and lower wind speeds increased demand and market players remained concerned over hydro levels ahead of summer. ›
Oil prices surged on Monday, posting the biggest daily rise in nearly a year, after a surprise announcement by OPEC+ to cut more production jolted markets. ›
British and Dutch gas prices edged higher on Friday morning as forecasts for cooler temperatures and lower wind speeds led to expectations of higher demand in the coming days. ›
Oil prices ticked down in Asian trade on Friday as bullish sentiment about Chinese demand and potential Middle Eastern supply disruptions was tempered by uncertainty over U.S. economic data to be released later in the day. ›