- November 29th, 2024
Oil Little Changed in Thin Trading After OPEC+ Delays Meeting
Oil was steady as traders watched for any further clues to OPEC+’s production plans after it delayed a key virtual meeting by four days. ›
Oil was steady as traders watched for any further clues to OPEC+’s production plans after it delayed a key virtual meeting by four days. ›
Oil was little changed as trading thinned before the US Thanksgiving holiday, with the focus on an upcoming OPEC+ meeting that has been delayed until December 5. ›
Europe is set for the coldest winter since Russia’s invasion of Ukraine, pushing up already elevated energy costs as the continent dips into its gas reserves at a faster-than-usual rate. ›
Oil steadied as signs OPEC+ will once again delay restoring some output countered easing geopolitical risk after a cease-fire agreement between Israel and Hezbollah. ›
Oil steadied as the market assessed President-elect Donald Trump’s threat of tariffs on Canada, Mexico and China, and progress on a cease-fire agreement between Israel and Hezbollah. ›
European natural gas prices fluctuated as traders assessed forecasts for a return of colder weather that may further test the region’s inventories. ›
Oil declined as Treasury Secretary nominee Scott Bessent pushed for increased US production and Israel said it’s potentially days away from a cease-fire deal with Lebanon’s Hezbollah. ›
Oil headed for the biggest weekly gain since early October on an escalation of hostilities between Russia and Ukraine. ›
Oil rose, shrugging off another gain in US crude stockpiles, as the market weighed an escalation of the Russia-Ukraine war. ›
Natural gas prices in the UK have this month commanded the biggest premium over the European benchmark since the end of 2021, underscoring how the nation without large storage sites is more vulnerable during colder weather. ›