Tag: energy markets
Oil Breaks Below $60 as China Weakness Adds to Peace-Talk Pressure
Oil prices slipped below $60 a barrel on Tuesday, marking their lowest level since May, as growing optimism around a potential Russia-Ukraine peace deal...
Morgan Stanley Sees More Upside for Natural Gas
A colder-than-expected start to winter and record levels of liquefied natural gas (LNG) flows have helped fuel a strong rally in natural gas prices...
Oil Jumps on Ukraine Strikes, Peace Talks Hit a Wall
Oil prices edged higher on Thursday after Ukraine launched new attacks on Russia’s oil infrastructure. The strikes raised concerns about potential supply disruptions, while...
WTI Jumps After CME Glitch as Brent Slips on Geopolitical Fears
U.S. West Texas Intermediate crude futures moved higher after trading resumed on the contract. The rise came after a system outage at CME Group...
Oil Prices Stay Flat as Analysts Warn of Quiet Thanksgiving Trading
Oil prices were largely steady on Thursday, with trading activity expected to be limited due to the Thanksgiving holiday in the United States.
As of...
Oil Prices Drop 1.5% as Russia-Ukraine Peace Talks Gain Momentum
Oil prices dropped by 1.5% on Friday, marking the third straight day of losses. The decline came as the United States pushed for progress...
Natural Gas Storage Falls More Than Expected, Strengthening Bullish Price Outlook
The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, showing a bigger-than-expected draw in underground inventories. Storage levels fell by...
Oil steady as markets weigh Russia sanctions and supply-glut risks
Oil prices were little changed on Tuesday during a volatile trading session, as markets balanced the impact of Western sanctions on Russian crude against...
Crude Slides After Russian Export Hub Resumes Loadings
Oil prices retreated on Monday, reversing last week’s gains after crude loadings resumed at Russia’s key Novorossiysk export hub. Operations at the Black Sea...
Oil Slips as US Stockpiles Rise and OPEC Alters Outlook
Oil prices moved slightly lower on Thursday, continuing the decline from the previous session. A new report showing higher U.S. crude inventories increased concerns...
