Oil futures were little changed in Asia on Wednesday as hopes of improved Chinese demand offset uncertainty about how a Western cap on Russian oil prices would play out, keeping markets on edge after a sharp fall in the previous session. ›

British and Dutch prompt wholesale gas prices were mixed on Tuesday morning with some contracts higher on colder weather and some down due to increased Norwegian exports to Britain. ›

Oil rebounded on Tuesday after plunging by more than 3% in the previous session, as the implementation of sanctions on Russian seaborne crude oil eased concerns about oversupply while the relaxing of China’s COVID curbs bolstered the demand outlook. ›

British and Dutch wholesale gas prices rose on Monday morning as a bidding error by French power group EDF tightened the French power market amid cold weather and low wind speeds. ›

OPEC+ is widely expected to stick to its latest target of reducing oil production by 2 million barrels per day (bpd) when it meets on Sunday, but some analysts believe that crude prices could fall if the group does not make further cuts. ›

Natural gas prices in Europe increased with a wave of cold weather set to boost demand and test the region’s preparedness for the winter amid restricted supplies. ›

Oil prices settled up by over $2 per barrel on Wednesday on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery. ›