- July 11th, 2024
Oil prices rise as crude, gasoline inventories ease
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 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. ›
Oil prices slid on Monday after rising for four weeks, as the prospect of a ceasefire deal in Gaza eased geopolitical tensions in the Middle East, while investors assessed potential disruption to U.S. energy supplies from Tropical Storm Beryl. ›
Dutch and British wholesale gas prices on Friday morning were largely flat with a small rise in demand balanced by Norwegian gas flows, though uncertainty over supplies later in the year offered some support. ›
Oil prices fell on Thursday, with investors turning cautious on expectations of lower demand as U.S. employment and business data came in weaker than forecast, signalling the economy of the world’s top oil consumer may be cooling. ›
Oil prices steadied on Wednesday after trading higher on a bigger than expected drawdown in U.S. crude stockpiles while economic headwinds from China and the euro zone capped gains. ›
Dutch and British wholesale gas prices were little changed on Tuesday amid tepid demand, stable supply of pipeline and liquefied natural gas (LNG) and plentiful storage levels. ›