- July 13th, 2022
European Gas Holds Gains as Nord Stream Works Put Market on Edge
European natural gas prices gained for a second day as traders remain on edge over what to expect when Russia’s Nord Stream pipeline completes maintenance. ›
European natural gas prices gained for a second day as traders remain on edge over what to expect when Russia’s Nord Stream pipeline completes maintenance. ›
Oil edged up on Wednesday, a day after prices fell through $100 a barrel for the first time since April, but gains were limited by caution ahead of U.S. inflation data that could weaken the market. ›
Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world’s biggest crude importer, and fears of a global economic slowdown weighed on the outlook for fuel demand. ›
European natural gas prices rose as much as 3.3% after Norway extended capacity reductions at several facilities that help bring the fuel to Europe. ›
European natural gas fell after Canada said it would return a stranded turbine for a key Russian pipeline to Germany, raising optimism that tensions with Moscow will ease. ›
Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in China potentially hitting demand, a worry that outweighed ongoing concerns about tight supply. ›
Dutch wholesale gas prices were mixed on Friday ahead of planned maintenance at the Nord Stream 1 pipeline from Russia to Germany which starts on Monday. ›
European natural gas prices headed for the longest stretch of weekly gains this year as worries mount about dwindling supplies from Russia. ›
Oil slipped in volatile trade on Friday and was heading for a weekly decline as concern over a potential recession-driven demand downturn outweighed tight global supplies. ›
Oil prices regained some footing on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supplies even as fears of a global recession persisted. ›