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  • September 3rd, 2024

Oil prices fall as demand concerns overshadow Libyan export halt

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. ›


  • September 2nd, 2024

Oil extends losses on weak China data, prospect of higher OPEC+ supply

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. ›


  • August 30th, 2024

Oil prices gain on Middle East supply concerns

Oil prices rose on Friday as investors weighed supply concerns in Libya and Iraq, although signs of weakened demand, particularly in China, limited gains. ›


  • August 29th, 2024

Gas: Prices edge higher as Norwegian maintenance curbs supply

Dutch and British wholesale gas prices edged higher on Thursday morning as annual maintenance at several Norwegian gas infrastructure sites curbed supply. ›


  • August 29th, 2024

Kremlin says Europe will pay more unless Ukraine extends gas transit deal

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. ›


  • August 29th, 2024

Oil edges up as Libyan supply woes offset lower-than-expected U.S. stock draw

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. ›


  • August 29th, 2024

European Gas Traders More Worried Over Current Risks Than Winter

Europe’s natural gas traders are more concerned about the immediate risks to supplies than whether the region will have enough fuel to get through the winter months. ›


  • August 28th, 2024

Gas: Prices rise on Norwegian maintenance, geopolitical concerns

Dutch and British wholesale gas prices continued their upwards trend on Wednesday morning, as Norway’s annual maintenance starts this week, while the market remains on edge over the impact on supply of the Ukraine-Russia conflict. ›


  • August 28th, 2024

Oil steady after recent losses on demand concerns

Oil was little changed on Wednesday after a sharp drop in the previous session ended a three-day streak of gains, amid persistent concerns over potential supply losses from the Middle East and North Africa as well as global fuel demand worries. ›


  • August 27th, 2024

Oil slips after surge on Libyan outages and Middle East risk

Oil prices slipped slightly on Tuesday after rebounding more than 7% over the previous three sessions on supply concerns prompted by fears of widening Middle East conflict and potential shutdown of Libyan oil fields. ›


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