- September 28th, 2023
Europe Gas Rises as Outages Crimp Flows Ahead of Heating Season
European natural gas prices advanced as outages continued to weigh on fuel flows while the region’s heating season approaches. ›
European natural gas prices advanced as outages continued to weigh on fuel flows while the region’s heating season approaches. ›
.S. oil futures jumped to their highest in more than a year on Thursday as a drop in crude stocks in the United States added to worries over tight global supplies from OPEC+ output cuts. ›
Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a “soft landing” for the U.S. economy. ›
Oil prices fell on Tuesday amid concerns that fuel demand will be crimped by major central banks holding interest rates higher for longer, even with supply expected to be tight. ›
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that could dampen demand. ›
European natural gas prices declined as Chevron Corp. and labor unions in Australia agreed to end strikes at major export plants, which roiled the market for more than a month. ›
Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further U.S. interest rate hikes could dent demand, but they were still headed for their first weekly loss in four weeks. ›
European natural gas prices slumped on signs of easing supply risks in Norway and Australia. ›
Oil prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as U.S. interest rate hike expectations offset the impact of drawdowns in U.S. crude stockpiles. ›
Oil prices fell nearly $1 on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision, with investors uncertain when peak rates will be hit and how much of an impact it will have on energy demand. ›