- September 20th, 2024
European Gas Extends Weekly Declines on Winter Supply Optimism
European natural gas prices are set for a third weekly decline on mounting confidence that the region will have sufficient winter supplies. ›
European natural gas prices are set for a third weekly decline on mounting confidence that the region will have sufficient winter supplies. ›
Oil prices, which eased slightly on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. ›
Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but Brent was still hovering around its lowest levels of the year, below $75, on expectations of weaker global demand. ›
Oil prices fell on Wednesday after two sessions of gains, as weak macroeconomic data weighed on demand, offsetting the possible disruption of violence in the Middle East and the potentially bullish impact of an expected U.S. rates cut. ›
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. ›
Oil prices rose in Asian trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by persistent demand worries and weaker China data. ›
Oil prices extended their rally on Friday and were on course for a weekly gain, sparked by output disruption in the U.S. Gulf of Mexico after Hurricane Francine forced the evacuation of production platforms. ›
European natural gas prices declined on Thursday after Russian fuel transiting Ukraine was set to flow at normal levels, easing worries about a possible drop in supply. ›
Oil prices rose more than 1% on Thursday, spurred by concerns of Hurricane Francine impacting output in the U.S., the world’s biggest crude producer, though worries of lower demand capped gains. ›
European natural gas prices swung between small gains and losses as the market awaits the impact of Hurricane Francine, which is expected to make landfall in Louisiana Wednesday. ›