Oil prices fell on Friday but are set for a weekly gain, caught between expectations of lower demand as the end of summer nears in the United States, the world’s biggest consumer, and uncertainty about the availability of Russian supply. ›
Oil fell on Thursday after rising in the previous session, pressured by expectations of lower U.S. fuel demand with the end of the summer travel season and by the restart of Russian supply to Hungary and Slovakia through the Druzhba pipeline. ›
Oil prices steadied on Wednesday, after falling in the previous session, as investors watched for fresh developments in the Ukraine war and weighed hefty new U.S. tariffs on India, the world’s third-biggest crude consumer. ›
Oil prices edged down on Tuesday after surging nearly 2% in the previous session, with traders keeping a close eye on developments surrounding the Ukraine war that could disrupt Russian fuel supplies. ›
European natural gas prices are headed for the first weekly gain in three as the initial optimism over US President Donald Trump’s efforts to end Russia’s war in Ukraine wanes. ›
Funds cut speculative long bets that European gas prices will rise at the fastest pace since last winter, signaling growing conviction that supply worries are set to ease as traders ramp up stockpiling ahead of the heating season. ›
Oil rose after a weekly report from the Energy Information Administration showed a 6 million-barrel decline in US inventories. Traders continued to monitor negotiations to end Russia’s war against Ukraine. ›
Oil slid as traders weighed the outlook for a ceasefire in Ukraine, with President Donald Trump pushing for a summit between Vladimir Putin and Volodymyr Zelenskiy after a series of high-level talks. ›
The dramatic increase in India’s purchases of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times. ›
European natural gas prices hovered near a fresh 2025 low ahead of US President Donald Trump’s meeting with Ukraine’s Volodymyr Zelenskiy, who faces pressure to reach a peace deal with Russia that involves ceding territory ›
