U.S. natural gas futures fell about 6% to a three-week low on Friday as global gas prices collapsed, a
U.S. contract expired and on record U.S. output, rising Canadian exports and forecasts for ...
U.S. natural gas futures fell about 4% to a two-week low on Friday on a collapse in global gas prices,
record U.S. output, rising Canadian exports and forecasts for milder U.S. weather and lower than ...
* Benchmarks post second week of gains. * Markets debate OPEC+ plans ahead of next week's meeting. * Fed 'pause' on rate hikes in doubt after strong US data. * U.S. oil rigs fell five to 570 this week - data. By Arathy Somasekhar.
Oil prices ticked up on Friday as U.S. officials appeared close to striking a debt-ceiling deal, and as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of the next OPEC+ policy meeting. Brent crude settled 69 cents, or 0.9%, higher at $76.95 a barrel.
Oil prices were roughly unchanged in early trading on Friday, as markets awaited clarity on OPEC and its allies' next oil policy moves after conflicting messages made it hard to predict the outcome of the meeting next week. Brent crude slipped 4 cents to $76.22 a barrel at 0022 GMT, while U.S. West Texas Intermediate was up 9 cents, or 0.1%, at $71.92 a barrel.
U.S. natural gas futures fell about 4% to a near two-week low on Thursday on record U.S. output, rising
Canadian exports and forecasts for milder U.S. weather and lower demand over the next two weeks ...
U.S. natural gas futures were steady on Thursday as the market awaited direction from a federal report
expected to show a bigger-than-usual U.S. storage build last week when mild weather limited ...
Ample storage levels, milder weather and a boost in production are likely to place downward pressure on US natural gas prices this summer, even as demand is seen reaching record levels, the Natural Gas Supply Association said on Thursday.
Oil prices settled lower on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts at its meeting next week. Brent crude futures settled down $2.10, or 2.7%, to $76.25 a barrel. Oil prices began falling after Novak was quoted saying he did not think additional OPEC+ cuts were likely.
- Oil prices settled lower on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts at its meeting next week. Brent crude futures settled down $2.10, or 2.7%, to $76.25 a barrel. Oil prices began falling after Novak was quoted saying he did not think additional OPEC+ cuts were likely.
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