- November 15th, 2021
Oil prices slide on expectations of higher supply, weaker demand
Crude oil prices fell on Monday on expectations of increasing supply, while higher energy costs and rising COVID-19 cases are also seen weighing on demand. ›
Crude oil prices fell on Monday on expectations of increasing supply, while higher energy costs and rising COVID-19 cases are also seen weighing on demand. ›
Oil prices fell on Friday, wiping out gains from the previous session, as the dollar continued to gain on bets the U.S. central bank will bring forward plans to raise rates to tame inflation. ›
Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release more strategic crude stockpiles to drive down prices. ›
British and European wholesale gas prices fell for a second day as flows of Russian gas via Ukraine and Belarus into Europe continued to rise, easing supply fears for the winter. ›
Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S. crude stocks unexpectedly fell last week just as near-term travel demand picked up with COVID-19 pandemic curbs easing. ›
British and European wholesale gas prices fell on Tuesday morning as Russian gas flows to Europe resumed. ›
Oil prices were steady on Tuesday after two straight sessions of gains as the passage of a U.S. infrastructure bill, strong Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand. ›
British and European wholesale gas prices rose on Monday morning in a market on tenterhooks awaiting confirmation of additional Russian gas flows to Europe to fill depleted storage levels and help cover winter demand. ›
Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia’s state-owned producer Aramco raised the official selling price for its crude. ›
Oil prices rose on Friday, staging a partial recovery after OPEC+ producers rebuffed a U.S. call to raise supply and instead maintained plans for a gradual return of output halted by the coronavirus pandemic. ›