- March 29th, 2022
Gas: Prices rise on concerns of supply disruption
British and Dutch gas prices continued their bull run on Tuesday morning amid concerns about supply as Russia and the West continue to be at odds over gas payments in roubles. ›
British and Dutch gas prices continued their bull run on Tuesday morning amid concerns about supply as Russia and the West continue to be at odds over gas payments in roubles. ›
Oil prices on Tuesday extended losses from the previous day as Ukraine and Russia headed for peace talks and on concerns about demand as China’s financial hub of Shanghai shut down to curb a surge in COVID-19 cases. ›
British and Dutch gas prices were mostly higher Monday morning on expected colder weather, with market participants eyeing the results of peace talks between Moscow and Kyiv. ›
Oil prices tumbled more than $5 on Monday as fears over weaker fuel demand in China grew after financial hub Shanghai launched a two-stage lockdown to contain a surge in COVID-19 infections. ›
British and Dutch gas prices were mixed on Friday morning as flows from Russia remained steady, but fears remain over possible disruption following Putin’s demand EU nations must begin paying for gas in roubles. ›
Oil prices slipped on Friday, with some supply concerns easing on expectations that crude exports would resume from Kazakhstan’s CPC terminal, while the European Union remained split on whether to impose an oil embargo on Russia. ›
British and Dutch wholesale gas prices extended gains on Thursday morning on concerns that Russia’s President Putin’s move to seek payment in roubles for gas sold to “unfriendly” countries would exacerbate the region’s energy crunch. ›
Crude prices declined in volatile trading on Thursday as investors assessed the potential for new supply in tight markets amid prospects of a new Iran deal. ›
British and Dutch wholesale gas prices rose on Wednesday morning as wind power remains below seasonal normal levels and the European Commission gears up to propose minimum gas storage levels. ›
Oil prices rose on Wednesday amid volatile trading on increasing concerns of global supply tightness from sanctions imposed on Russia, the world’s second-largest oil exporter, and on signs that exports from Kazakhstan may be disrupted. ›