Oil prices slide after three-day rally
Oil prices fell on Wednesday, taking a break after gaining for three sessions, as concerns about the global economy weighed while tight supply curbed losses. Brent crude futures for August Continue Reading
European Gas Prices Rise as Supply Risks Add to Storage Concerns
Europe may struggle to tap LNNG to replace missing Russian supply. Source: Bloomberg Natural gas prices in Europe increased on Wednesday amid risks that the supply situation could deteriorate as Continue Reading
Crude oil futures extend gains on supply disruptions, lack of spare capacity
Libya on verge of declaring force majeure, adding to Ecuador woes UAE at maximum output, Saudi has only 150,000 b/d spare capacity: Macron Crude oil futures were higher in mid-morning Continue Reading
Oil extends gains as major producers flag capacity limits
Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked unlikely to be able to boost output significantly, while political Continue Reading
Goldman Sachs: Upside Risk In Oil Is “Tremendously High”
Goldman Sachs remains highly bullish on crude and refined products. GS: recent pullback could be buying opportunity. The underinvestment thesis remains the core of Goldman’s energy market view. Goldman Sachs Continue Reading
Oil Prices Buck Recession Trend
As investors are increasingly concerned about recessionary risks, Brent oil prices have bucked this trend. As investors are increasingly concerned about recessionary risks, Brent oil prices have bucked this trend, Continue Reading
As Gas Prices Surge, Stations Now Hold Up to $175 of Your Money When You Swipe
Pain at the gas pump goes beyond the high prices : Gas stations are also putting bigger holds of up to $175 on customers’ cards when they swipe. When drivers Continue Reading
Gas Prices Tumble, But How Low Will They Go?
A drop in the global price of oil helped the national average for a gallon of gas to fall for a second week to land at $4.89. Economic fears of Continue Reading
Gas Jumps as Europe Struggles to Fill Russian Supply Gap
European natural gas prices rose as Russia’s deep supply cuts are slowing the pace of refilling storage sites, threatening to fall short of the levels required to keep homes warm Continue Reading
Oil prices volatile ahead of G7 discussions on Russian exports
Oil prices edged down on Monday in a volatile session as investors stood on guard for any moves against Russian oil and gas exports that might come out of a Continue Reading