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Daily (13.09.2024): Gas prices plummeted on Thursday due to limited impact from Hurricane Francine on LNG exports
Oil prices rose by around 2% on Thursday, supported by operational disruptions to offshore oil production platforms in the US Gulf of Mexico. Hence, Brent crude closed at $71.97 per barrel, while WTI crude settled at $68.97 per barrel.
read more... 13/09/2024
Daily (11.09.2024): UK gas prices fell sharply on Tuesday amid easing geopolitical tensions
Crude oil prices continued to hover near their lowest levels in over two years, losing around 4%, pressured by OPEC's downward revision of the global demand outlook. Brent crude dropped to $69.19 per barrel, while WTI crude settled at $65.75 per barrel.
read more... 11/09/2024
Daily (06.09.2024): British gas prices recovered on Thursday amid reduced Norwegian flows
Oil prices remained flat on Thursday, weighed by persistent oversupply and weak global demand, though geopolitical risks provided some support. Brent crude settled at $73.75 per barrel, and WTI closed at $72.69 per barrel.
read more... 06/09/2024
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Europe gears up for winter as gas storage reaches 90% capacity
Europe is well-prepared for the upcoming winter season, having filled 90% of its gas storage facilities and matching last year’s storage levels, said Cristian Signoretto, president of Eurogas.
read more... 05/09/2024
Daily (03.09.2024): British gas prices lost ground on Monday amid due to strong LNG supply
Oil prices diverged Monday as the market grappled with mixed signals from China, reflecting a weak economic outlook, while concerns over worsening supply disruptions in Libya provided some upward pressure. Brent crude fell by nearly 2%, closing at $77.44 per barrel, while WTI crude rose by over 1%, settling at $74.36 per barrel.
read more... 03/09/2024