- February 14th, 2023
Gas: Prices flat on ample supply and low demand
Dutch and British wholesale gas prices were quite flat on Tuesday morning on ample supplies and low demand. ›
Dutch and British wholesale gas prices were quite flat on Tuesday morning on ample supplies and low demand. ›
Oil prices fell on Tuesday after the U.S. government said it would release more crude from its Strategic Petroleum Reserve (SPR) as mandated by lawmakers, counter to expectations from some traders that the release could be cancelled or delayed. ›
European natural gas prices fell to the lowest level in almost four weeks as confidence grows for stable power generation through the remainder of winter. ›
Oil prices eased around 1% on Monday after rising in the previous session, as investors focused on short-term demand concerns stemming from crucial upcoming U.S. inflation data and refinery maintenance in Asia and the United States. ›
European natural gas prices headed for a weekly loss as mild weather caps demand and a key LNG-export facility in the US prepares to resume some shipping. ›
Oil prices jumped more than 2% on Friday, heading for weekly gains, as Russia announced plans to reduce oil production next month after the West imposed price caps on the country’s oil and oil products. ›
Oil prices extended their two-day winning streak on Wednesday, posting slight gains as the dollar weakened, while investors awaited more inventory data for clearer cues on demand trends. ›
European natural gas slipped with the end of a short-lived cold spell in sight while healthy stockpiles are helping tackle any boost in demand. ›
Oil prices rose for a second straight session on Tuesday, driven by optimism about recovering demand in China, and concerns over supply shortages following the shutdown of a major export terminal after an earthquake in Turkey. ›
British and Dutch wholesale gas prices mostly dipped on Monday morning as healthy supply compensated for higher demand due colder temperatures and weak wind output. ›