Dutch and British wholesale gas prices edged higher on Monday, supported by expectations of cooler temperatures in Europe and strong competition with Asia for cargoes of liquefied natural gas (LNG). ›
Oil prices climbed on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter, although global economic headwinds and rising non-OPEC+ output capped gains. ›
Dutch and British wholesale gas prices edged lower on Friday amid strong liquefied natural gas (LNG) supply but they remain supported by ongoing supply worries. ›
Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest rates and firm complex refining margins. ›
Oil prices dipped on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the world’s top oil consumer, though declines were capped by worries a potential expansion of the Gaza war may disrupt Middle East supplies. ›
Dutch and British wholesale gas prices inched up on Wednesday morning as hotter weather increased cooling demand but amid expectations of stronger wind power later this week which could weaken demand for gas from power plants. ›
Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopolitical risks from the Middle East conflict and forecasts of an eventual inventory drawdown during the third quarter peak demand season. ›
Oil prices were little changed on Tuesday after rising in the previous session helped by expectations of increased fuel demand this summer, but investors were cautious ahead of U.S. consumer price data. ›
Dutch and British wholesale gas prices were largely steady on Monday morning due to healthy supply, solar power output and muted demand. ›
Oil prices inched down on Monday as concerns of higher-for-longer interest rates resurfaced and lifted the dollar, offsetting support for oil markets from geopolitical tensions and OPEC+ supply cuts. ›
