- August 8th, 2024
European Gas Gains as Ukraine Border Fighting Adds to Risks
European natural gas prices resumed gains, trading at the highest levels this year as market participants monitor the transit of Russian fuel across Ukraine. ›
European natural gas prices resumed gains, trading at the highest levels this year as market participants monitor the transit of Russian fuel across Ukraine. ›
Oil prices fell in choppy trade on Thursday, and looked set to snap a two-session streak during which they gained about 3% due to growing supply risks amid simmering tensions in the Middle East. ›
European gas prices soared to the highest level this year following a report that Ukrainian troops seized the key gas-transit point of Sudzha. ›
Oil prices rebounded by 1% on Tuesday, paring the previous session’s loss, on supply concern amid an escalating Middle East conflict, stronger U.S. services sector data and a cut in production at Libya’s Sharara oilfield. ›
European natural gas prices declined, following a selloff in oil and broader financial markets amid mounting concerns over the economy. ›
European natural gas prices declined, following a selloff in oil and broader financial markets amid mounting concerns over the economy. ›
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. ›