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Daily (31.07.2024) : British gas prices rose on Tuesday amid lower production and supply concerns

Oil prices continued to decline on Tuesday due to the gloomy outlook for demand growth in China. As a result, Brent crude dropped by 1.4%, closing at $78.63 a barrel. Similarly, WTI crude fell by 1.4%, settling at $74.73 a barrel.

read more... 31/07/2024

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Daily (30.07.2024) : Gas and electricity prices rose on Monday due to increased demand for cooling amid a heatwave in Europe

Oil prices fell on Monday, influenced by weak demand in China and Europe. Consequently, Brent crude dropped by 1.7%, closing at $79.78 a barrel, while WTI crude declined by 1.8%, settling at $75.81 a barrel.

read more... 30/07/2024

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Daily (29.07.2024) : British gas prices rebounded on Friday due to issues at the Freeport LNG export facility in the US

Oil prices fell on Friday, affected by China’s struggling economy despite ongoing tensions in the Middle East. As a result, Brent crude dropped by 1.5%, closing at $81.13 a barrel, while WTI crude declined by over 1.4%, settling at $77.16 a barrel.

read more... 29/07/2024

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Daily (26.07.2024) Oil prices rebounded by about 1% on Thursday following strong economic data from the US

Oil prices increased on Thursday, influenced by the robust economic data in the US. Consequently, Brent crude gained 0.8%, closing at $82.37 a barrel, while WTI crude increased by nearly 0.9%, settling at $78.28 a barrel.

read more... 26/07/2024

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Daily (25.07.2024): Oil prices rose by about 1% on Wednesday amid significant decline in U.S. crude stocks

Oil futures prices increased on Wednesday, buoyed by significant drops in U.S. crude and fuel stocks. Brent crude oil traded 0.9% higher at $81.71 a barrel, while the WTI edged by 0.8% higher at 77.59 a barrel.

read more... 25/07/2024

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