- January 3rd, 2023
European Gas Declines as Persistent Mild Weather Curbs Demand
European natural gas prices declined as persistent warmer-than-normal winter weather reduces demand and eases stress of the region’s energy systems. ›
European natural gas prices declined as persistent warmer-than-normal winter weather reduces demand and eases stress of the region’s energy systems. ›
Oil prices held in a narrow range on Tuesday, though the outlook for demand was clouded by a weak manufacturing activity survey from China, and a warning from the head of the International Monetary Fund that the global economy faced a tough year ahead. ›
European natural gas prices fell for a fifth day as temperatures are forecast to be stay mild into the new year while supplies remain plentiful. ›
Oil prices climbed for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks growing tighter just as a wintry blast hits the United States and travel is set to soar for its holiday season. ›
British and Dutch wholesale gas prices fell on Wednesday morning due to milder and windier weather forecasts which should reduce demand for gas and healthy supply from liquefied natural gas (LNG). ›
Oil prices were little changed on Wednesday as a larger-than-expected draw in U.S. crude stocks offset worries about rising COVID-19 cases in top oil importer China. ›
Oil prices inched higher on Tuesday, supported by a softer dollar and a U.S. plan to restock petroleum reserves, but gains were capped by uncertainty over the impact of rising COVID-19 cases in top oil importer China. ›
European gas futures fluctuated ahead of a key European Union meeting to discuss a gas cap that’s almost one-third lower than an original proposal. ›
Oil prices rose on Monday after tumbling by more than $2 a barrel in the previous session as optimism over the Chinese economy outweighed concern over a global recession. ›
LONDON, Dec 16 (Reuters) – Oil fell on Friday as the market assessed the aftermath of interest rates hikes at central banks, but was poised for the biggest weekly gains in 10 weeks amid supply disruption concerns and hopes for a recovery of demand in China. ›