British and Dutch wholesale gas prices declined on Thursday morning on weak demand, high storage levels and as traders awaited news about strikes at Australian liquefied natural gas (LNG) facilities next week. ›
Oil prices eased on Thursday after data showed China’s manufacturing activity shrank for the fifth month in a row, and as investors cautiously awaited a U.S. personal consumption expenditure report later in the day for any clues on the interest rate outlook. ›
British and Dutch gas prices were down on Wednesday morning on profit taking following recent gains caused by concerns over possible industrial action at Australian liquefied natural gas (LNG) facilities as high inventories curbed price rises. ›
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world’s biggest fuel consumer, and as concerns about a hurricane in the Gulf of Mexico kept investors on edge. ›
n the doldrums of August, the European natural gas market has perked back to life. The risk of strikes in Australia, the world’s largest producer of liquefied natural gas (LNG), was enough to send prices up 50% at one point ›
Oil prices were little changed on Tuesday as investors weighed the enduring possibility of another U.S. interest rate hike undercutting demand against supply concerns emanating from a hurricane hurtling towards the U.S. gulf coast. ›
LONDON, Aug 25 (Reuters) – Oil prices jumped more than 1% on Friday as the dollar firmed ahead of an eagerly awaited speech by the head of the U.S. Federal Reserve for hints on the outlook for interest rates. ›
European natural gas prices rebounded on Friday, trimming their first weekly drop this month, with traders weighing further labor talks in Australia and heavy maintenance in Norway. ›
European natural gas prices tumbled on signs that a labor dispute at Australia’s biggest liquefied natural gas export plant will be resolved, easing fears about one of three possible strikes in the key exporting nation. ›
Oil prices slipped on Thursday on disappointing economic data from key economies, with investors awaiting a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for clues on interest rate moves. ›
