European and British wholesale gas prices shed gains on Friday for the second day in a row in correction to the spike it saw earlier this week on Russian supply concerns. ›
Oil prices rose on Friday, after wild swings the day before, as investor bet that potential coordinated releases by major economies of their official crude reserves may have less of an impact on markets than expected. ›
European and British wholesale gas prices fell on Thursday morning, which market participants say is more of a correction in a volatile market than a fundamentally driven move. ›
Oil prices slid to six-week lows on Thursday as China said it was moving to release strategic reserves after a Reuters report that the United States was asking large consuming nations to consider a coordinated stockpile release to lower prices. ›
Oil fell on Wednesday after an industry report showed U.S. gasoline stocks dropped more than expected last week, potentially heightening pressure on the Biden administration to release oil from emergency reserves to cap soaring fuel prices. ›
Oil rebounded from a weak start on Tuesday as worries over tight inventories underpinned prices, although optimism was limited by fears over demand following a pickup in COVID-19 cases in Europe. ›
British and European wholesale gas prices rose on Monday morning on cooler weather and as the market players await transit capacity auctions on Monday that could indicate Russian supply to Europe for the next months. ›
Crude oil prices fell on Monday on expectations of increasing supply, while higher energy costs and rising COVID-19 cases are also seen weighing on demand. ›
Oil prices fell on Friday, wiping out gains from the previous session, as the dollar continued to gain on bets the U.S. central bank will bring forward plans to raise rates to tame inflation. ›
Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release more strategic crude stockpiles to drive down prices. ›
