Oil futures traded sideways on Tuesday, after mostly weaker-than-expected data from China muddied the outlook for demand from the world’s top crude importer while U.S. plans to refill its Strategic Petroleum Reserve (SPR) underpinned prices. ›
European natural gas prices extended a six-week decline as sluggish demand curbs the need for more aggressive purchases to fill inventories. ›
Oil prices fell on Monday as concerns about fuel demand in the top global oil consumers, the United States and China, offset bullish sentiment about tightening supplies from OPEC+ cuts and a resumption in U.S. buying for reserves. ›
Oil prices fell on Friday, set for their fourth weekly decline, as renewed economic concerns in the United States and China revived anxieties about fuel demand growth in the world’s two largest oil consumers. ›
British and Dutch wholesale gas prices were flat on Thursday as solid inventories and strong flows of liquefied natural gas (LNG) eased concerns over delayed injections due to outages at a number of facilities in Norway and Denmark. ›
Oil prices rose on Thursday, clawing back some of the previous day’s losses, supported by fuel demand data from the United States, the world’s top oil consumer. ›
Oil prices fell on Wednesday, ending a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns and investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. ›
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. ›
