- June 10th, 2024
Gas: Prices decline as supply concerns ease
British and Dutch wholesale gas prices declined on Monday morning as Norwegian exports to Britain ramped up after repairs to an offshore platform were completed on Friday. ›
British and Dutch wholesale gas prices declined on Monday morning as Norwegian exports to Britain ramped up after repairs to an offshore platform were completed on Friday. ›
Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer, although a firmer dollar boosted by lower chances of imminent interest rate cuts capped gains. ›
Oil prices ticked higher on Friday, as reassurance from OPEC+ members Saudi Arabia and Russia indicated readiness to pause or reverse output agreements, but markets were headed for their third straight weekly loss. ›
Oil prices rose for a second consecutive session on Thursday amid growing expectations the Federal Reserve will cut interest rates in September, but the upside was capped by higher U.S. inventories and an OPEC+ plan to increase supply. ›
Oil prices hovered near four-month lows in Asia on Wednesday as markets digested an OPEC+ decision to boost supply later this year and following an increase in U.S. crude and refined products stocks. ›
Oil prices eased as much as 1% in Asian trade on Tuesday, extending losses from a four-month low in the previous session, as investors worried about supply ticking up later in the year amid signs of weakening U.S. demand. ›
Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts well into 2025. ›
May 31 (Reuters) – Oil prices fell in Asia on Friday as comments from a Federal Reserve official bolstered expectations of rates staying higher for longer, a view that will be tested later in the day with a keenly-awaited U.S. inflation report ›
Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. ›
SINGAPORE, May 30 (Reuters) – Oil prices eased on Thursday after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand. ›