- September 6th, 2024
Europe Gas Extends Gains as Supply Worries Resurface From Egypt
European natural gas prices extended gains as signs of more intense competition for fuel emerged from Egypt. ›
European natural gas prices extended gains as signs of more intense competition for fuel emerged from Egypt. ›
European natural gas hovered near oversold territory following three days of declines, as worries about near-term supplies ease. ›
Oil prices edged up after plunging to multi-month lows previously as major producers may delay an output increase planned for next month and U.S. inventories fell, though the gains were limited by persistent demand concerns. ›
Oil prices fell on Wednesday, extending a plunge of more than 4% the previous day and hovering at their lowest since December, on expectations that a political dispute halting Libyan exports could be resolved and concerns over sluggish global demand. ›
Brent oil prices fell on Tuesday as sluggish economic growth in China, the world’s biggest crude importer, increased worries about demand that overshadowed the impact of the halt of production and exports from Libya. ›
Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in China and the U.S., the world’s two largest oil consumers, raised concerns about future consumption growth. ›
Oil prices rose on Friday as investors weighed supply concerns in Libya and Iraq, although signs of weakened demand, particularly in China, limited gains. ›
Dutch and British wholesale gas prices edged higher on Thursday morning as annual maintenance at several Norwegian gas infrastructure sites curbed supply. ›
European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31, the Kremlin said on Wednesday. ›
Oil prices edged up on Thursday after two sessions of losses, as supply concerns over Libya returned to focus, while a smaller-than-expected draw in U.S. crude inventories sapped demand expectations. ›