- January 8th, 2025
Oil Rises a Second Day as Report Points to Falling US Stockpiles
Oil rose for a second day after an industry report pointed to another decline in US crude inventories. ›
Oil rose for a second day after an industry report pointed to another decline in US crude inventories. ›
Oil steadied following its first decline in six sessions, as technical markers showed the recent rally may have gone too far. ›
Oil steadied near its highest level in almost three months, as Saudi Arabia raised its official prices more than expected in a sign the world’s largest crude exporter may see tighter supply. ›
European natural gas prices are poised for a weekly gain as the market grapples with depleting stockpiles and tighter supplies after the loss of Russian flows via Ukraine. ›
Oil has broken out of a tight trading range that it’s been stuck in for months, with a breach of a key technical threshold and shrinking US crude stockpiles helping to drive prices higher. ›
European gas prices advanced on the first trading day of the year as the region braced for freezing winter temperatures without a key source of supply. ›
Oil steadied in the first session of the new year as an industry report signaled US crude stockpiles continued to shrink. ›
European natural gas prices fluctuated near €44 a megawatt-hour with little over a week left until the expiry of a key pipeline transit deal between Russia and Ukraine. ›
Oil edged higher after a weekly drop, as traders gauged President-elect Donald Trump’s threat to reimpose US control over the Panama Canal. ›
Oil declined for a second day, extending a weekly decline, as a strengthening US dollar pressured prices. ›