Qatar extended force majeure on liquefied natural gas supplies to European and Asian buyers by another month as uncertainty over the full reopening of the Strait of Hormuz clouds prospects for restoring Persian Gulf energy flows. ›
Oil prices fell on Friday and are on track to snap a two-week winning streak, despite settling higher in the previous session following a report that U.S. President Donald Trump is not interested in returning to previous deal terms with Iran. ›
Oil prices fell more than $1 on Thursday, extending a streak of losses, on expectations that talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions from the war in the Middle East. ›
The Netherlands won’t meet its target for filling gas storage facilities before this winter, leaving the country ill-prepared for particularly cold conditions or unexpected supply disruptions, according to network operator Gasunie. ›
Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region. ›
Oil prices fell further on Tuesday after settling down more than 2% in the previous session, with investors brushing off the impact of the latest U.S. sanctions against Iran. ›
European gas prices will likely need to rise above €100 ($117) a megawatt-hour in December for the continent to rebuild enough inventory to last the winter, according to Goldman Sachs Group Inc. ›
Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on Iran that may further disrupt supplies from the Middle East. ›
European natural gas surged to a five-month high as the war in the Persian Gulf remains mired in stalemate, dimming the outlook for global supplies and the region’s preparedness for the forthcoming winter. ›
Oil rose to the highest in more than three weeks, as US refiners ramped up crude consumption and a spat between the United Arab Emirates and Iran heightened regional tensions. ›
