- October 20th, 2022
Oil prices rise on possible easing in China COVID quarantine measure
Oil prices gained around $1 on Thursday as investor sentiment rose on news that China is considering a cut in the duration of quarantine for inbound visitors. ›
Oil prices gained around $1 on Thursday as investor sentiment rose on news that China is considering a cut in the duration of quarantine for inbound visitors. ›
Oil prices climbed on Wednesday, paring losses from the previous session, as investors jumped into riskier assets such as commodities amid gains in broader equity markets and on signs of renewed demand from top oil importer China. ›
European natural gas extended its loss for a fourth straight session, as warmer-than-usual weather and high levels of storage temper concerns over winter supply shortages. ›
Oil prices climbed on Tuesday, bolstered by a weaker U.S. dollar and supply woes, although gains were capped by the spectre of lower fuel demand from China as it persists with its stringent zero-COVID policy. ›
British and Dutch wholesale gas prices mostly fell on Monday as mild weather, full gas storage tanks and plentiful liquefied natural gas (LNG) tanker arrivals are curbing short-term supply concerns. ›
Oil prices rose on Monday after China rolled over liquidity measures to help its pandemic-hit economy, igniting hopes for a better fuel demand outlook from the world’s top crude importer. ›
Natural gas prices headed for a weekly loss as countries ramp up stockpiles that will work as a buffer to help see Europe through the winter, even if Russia cuts further supplies. ›
Oil prices reversed earlier losses and inched up in Asian trade on Friday, supported by a weaker U.S. dollar and falling diesel inventories, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production. ›
European natural gas jumped as worries over major facilities in Norway added to supply risks from Russia. ›
European natural gas prices fluctuated as fears that Russia’s escalating war in Ukraine could hit supplies countered steadily building stockpiles in the continent. ›