- July 26th, 2024
European Gas Rises as Supply Risks Outweigh Disappointing Demand
European natural gas prices rose, signaling the market balance remains fragile even as demand for the fuel is persistently weak. ›
European natural gas prices rose, signaling the market balance remains fragile even as demand for the fuel is persistently weak. ›
Oil prices were little changed on Friday but on track for a third consecutive weekly decline, pressured by muted demand in China and expectations of a Gaza ceasefire deal that could ease Middle East tensions and accompanying supply concerns. ›
Oil prices eased on Thursday as concerns over weak demand in China, the world’s largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains in the previous session after draws in U.S. inventories. ›
Oil prices rebounded on Wednesday, snapping three straight sessions of decline, as falling U.S. crude inventories and growing supply risks from wildfires in Canada boosted prices. ›
Dutch and British wholesale gas prices were little changed on Tuesday morning as demand was flat and the U.S. Freeport LNG export plant resumed shipments. ›
Oil prices steadied on Tuesday after falling for the past two sessions, as investors remained cautious amid expectations of plentiful supplies and weak demand, while brushing off the U.S. presidential campaign upheaval. ›
Oil prices rose in Asia on Monday as investors watched for further signs that the U.S. might start to cut interest rates as soon as September. ›
European natural gas prices declined to the lowest level in a week as supply risks abated with the partial restart of the Freeport LNG plant in Texas. ›
Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending with rising expectations the Federal Reserve would soon cut interest rates. ›
Oil prices extended gains on Thursday, buoyed by a bigger than expected decline in crude stocks in the United States, the world’s largest oil consumer. ›