- July 15th, 2024
Gas: Prices edge lower on strong wind power output
Dutch and British gas prices edged lower on Monday morning as expectations of strong output from wind farms curbed gas demand from gas-fired power plants. ›
Dutch and British gas prices edged lower on Monday morning as expectations of strong output from wind farms curbed gas demand from gas-fired power plants. ›
Oil held its ground on Monday, with political uncertainty in the U.S. and the Middle East supporting prices, offsetting downward pressure from a stronger dollar and weak demand in top importer China. ›
European natural gas prices are poised for their biggest weekly loss in over two months as the region’s supply risks ease. ›
Oil prices inched up on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, although Brent crude was set for a weekly decline. ›
Dutch and British gas prices were mixed on Thursday morning, trading in a narrow range, as strong storage inventories and softer demand eased concerns over any supply risks. ›
Oil prices gained on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand. ›
Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted stubbornly weak consumer demand in top crude importer China. ›
Dutch and British wholesale gas prices were down on Tuesday morning amid easing concerns over the impact of Hurricane Beryl on U.S. liquefied natural gas (LNG) facilities after Freeport LNG said will it will resume production after it has passed. ›
Oil prices were little changed on Tuesday after a hurricane that hit a key U.S. oil-producing hub in Texas caused less damage than markets had expected, easing concerns over supply disruption. ›
European natural gas prices edged higher as traders assessed supply risks amid hot weather in parts of Asia and a hurricane approaching key fuel supplier Texas. ›