- October 12th, 2023
Oil falls further on US stock build, easing supply concerns
Oil prices fell for a third day on Thursday, dragged down by a larger-than-expected crude and gasoline stockbuild in the U.S. and easing supply concerns. ›
Oil prices fell for a third day on Thursday, dragged down by a larger-than-expected crude and gasoline stockbuild in the U.S. and easing supply concerns. ›
Europe’s rally in natural gas futures took a breather, with traders awaiting clarity on Wednesday’s talks between Chevron Corp. and its workers at a liquefied natural gas plant in Australia. ›
Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil. ›
Egypt is weighing the impact of a halt in production at Israel’s Tamar gas field on its plans to resume LNG exports to Europe, according to officials. ›
Oil prices eased on Tuesday after rallying more than 4% in the previous session, with traders cautious as they watched for potential supply disruptions amid military clashes between Israel and the Palestinian Islamist group Hamas. ›
Europe’s natural gas futures jumped after a leak was discovered on a pipeline in the Baltic region, sparking concerns about security of infrastructure as the winter approaches. ›
Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about supplies. ›
Oil prices were stable on Friday but were on course for a week-on-week loss, as demand fears driven by macroeconomic headwinds were compounded by another partial lifting of Russia’s fuel export ban on Friday. ›
European natural gas prices fluctuated after a brief rebound on Wednesday, as lackluster demand counters concerns about potential cold spells later this month. ›
Oil prices inched up on Thursday, clawing back some of the previous session’s big losses after an OPEC+ panel maintained oil output cuts to keep supply tight, though an uncertain demand outlook capped gains. ›