Oil prices edged up on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for the steepest weekly losses in three months on demand uncertainty and easing tensions in the Middle East reducing supply risks. ›
Dutch and British wholesale gas prices rose on Thursday morning on cooler temperatures and supply concerns, despite solid storage inventories. ›
Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world’s biggest crude consumer, to start replenishing its strategic reserve, putting a floor under prices. ›
Britain’s natural gas prices fluctuated as wind generation eased, boosting demand for the fossil fuel. ›
Oil fell more than 1% on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories and production in top consumer the United States. ›
Dutch and British wholesale gas prices edged higher on Tuesday morning as falling demand due to warmer temperatures was offset by lower liquefied natural gas (LNG) supply and curbed flows of gas from Norway due to maintenance. ›
Oil edged down on Tuesday after Israel-Hamas ceasefire talks in Cairo helped quell market fears of an expanding conflict in the Middle East, while worries about the outlook for U.S. interest rates dragged on the market. ›
Dutch and British wholesale gas prices fell on Monday morning as demand-sapping warmer weather outweighed the impact of Norwegian outages while there was an easing in concern over wider supply risks that buoyed prices last week. ›
Oil prices were down 1% on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon. ›
Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East. ›
