Oil prices drifted lower on Thursday as weak demand concerns over a large build in the crude inventory in the United States plus a strong dollar overtook potential supply disruption as the centre of focus. ›
Natural gas increased again as traders weighed if Europe’s steps to contain the energy crisis will be enough to curb costs of the fuel after a price cap proposal was ditched for lack of consensus. ›
Natural gas prices in Europe were little changed, with traders awaiting the energy intervention plan due to be unveiled by the European Commission on Wednesday. ›
Oil prices inched lower on Wednesday on concerns of another U.S. Federal Reserve interest rate hike next week after consumer prices unexpectedly rose in August, outweighing support from a robust OPEC oil demand growth forecast. ›
Natural gas prices fell for a third day as the European Union pushes ahead with its market intervention to ease the worst energy crisis in decades. ›
Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about lower demand in China, the world’s biggest crude importer, and further increases in U.S. and European interest rates. ›
Natural gas prices fell as the market awaits details of unprecedented intervention by the European Union to halt its biggest energy crisis in decades, which is already destroying demand for the fuel. ›
Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe. ›
European natural gas prices fell to the lowest in almost a month as politicians consider how to intervene in regional markets and rein in an unprecedented energy crisis that is threatening the broader economy. ›
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become. ›
