- January 16th, 2023
European Gas Slides as Ample Supplies Outweigh Brief Cold Spell
European natural gas declined as ample supplies are likely to help avoid any disruptions during a period of below-normal temperatures this week. ›
European natural gas declined as ample supplies are likely to help avoid any disruptions during a period of below-normal temperatures this week. ›
Oil prices eased on Monday, though held near 2023 highs, as rising numbers of COVID-19 cases in China clouded prospects for higher demand in at the world’s top crude importer as it reopens after ending strict anti-virus curbs. ›
European benchmark wholesale gas prices were mixed on Friday morning with UK prompt prices up on colder weather but Dutch contracts down down on comfortable supply. ›
Oil prices rose 3% to a one-week high on Wednesday as hopes for an improved global economic outlook and concern over the impact of sanctions on Russian crude output outweighed a massive surprise build in U.S. crude stocks. ›
European natural gas prices rose with the weather expected to turn cooler next week, ending a prolonged spell of unseasonable warmth that curbed demand. ›
Oil prices fell on Wednesday as an unexpected build in crude and fuel inventories in the United States, the world’s biggest oil consumer, and economic uncertainty reignited demand worries. ›
European natural gas prices fell as warmer-than-usual temperatures curb demand for heating. ›
Oil edged lower on Tuesday on expectations that further interest rate hikes in the United States, the world’s biggest oil user, will slow economic growth and limit fuel demand. ›
The UK government said it’s cutting energy support to businesses from April as Chancellor of the Exchequer Jeremy Hunt seeks savings to help shore up the public finances. ›
Oil prices climbed on Monday as the borders reopened in China, the world’s top crude importer, boosting the outlook for fuel demand growth and offsetting global recession concerns. ›