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European natural gas prices fell to €77.3/MWh, easing from an over three-week high after President Trump said the US would not resume military strikes on Iran before November’s midterm elections, easing fear over an escalation of the conflict. However, supply risks remain as Iran intensified tanker attacks in the Strai
Frankfurt’s DAX 40 fell 1.4% to 25,091 on Wednesday, snapping a three-session winning streak as a global bond selloff weighed on credit-sensitive sectors. Bond yields came under pressure amid renewed concerns over Europe’s fiscal outlook, particularly in France, while elevated energy prices added to inflation worries,
Diesel prices fell more than 4% as European officials met to discuss releasing strategic reserves of the fuel. Gasoil futures on ICE Europe, a benchmark for diesel on the continent, were down.
US gasoline futures fell below $3.35 a gallon, retreating from a one-week high, amid reports that EU countries are considering the release of diesel and oil reserves. European governments are discussing the French proposal following US pressure to ease elevated energy prices. President Trump has threatened a diesel exp
Front-quarter baseload fell €3.38 (3.03%) to €108.25/MWh at 1146 GMT, while front-year shed €1.25 (1.84%) to €66.85/MWh.
(Adds news items, updates futures) Sept 24 (Reuters) — Britain's FTSE 100 index opened down 0.2% on Thursday. CAPRICORN ENERGY: Capricorn Energy forecast annual production above the mid-point of its 18,000 to 22,000 barrels of oil equivalent per day guidance range. VISTRY: Vistry lowered its annual profit expectations,
Sept 24 (Reuters) — Britain's FTSE 100 index is seen opening flat on Thursday, with futures down 0.3%. SHELL: Shell and Trinidad and Tobago's National Gas Company have agreed terms for natural gas supplies from Shell's Aphrodite field, ending a pricing dispute that had delayed the project, NGC Chairman Gerald Ramdeen t
(Adds Schmid comment, background in paragraph 17-19) Shift in tone towards more interest rate hikes is now evident Growing recognition that no early end to Iran war is in sight Tightening cycle would start from a higher base than in 2022 By Francesco Canepa FRANKFURT, Sept 18 (Reuters) — The prospect of a new global in
(Adds blog post) Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at Before The Bell: Muted End To The Week Oil prices are retreating again, and this week's major central bank decisions are all behind us now, but even so, sentiment in Europe
ConocoPhillips (NYSE: COP ) shares are sliding Wednesday along with other oil and gas exploration and production companies as crude prices retreat from a two-day rally, pressured by easing Saudi supply concerns and a smaller-than-expected drawdown in U.S. crude inventories. ConocoPhillips stock is among today’s weakest
Nordic forward prices fell on Tuesday, retreating from multi-year highs as lower European gas prices and forecasts for wetter weather across Scandinavia weighed on the market.
U.S. equities fell for a second straight session as Treasury yields climbed for a fifth day and crude oil extended gains, with markets increasingly pricing a Federal Reserve rate hike this month.
Summary - The overall reaction to a weaker than expect June jobs report was relatively muted. Yields ticked lower led by the short end after total payrolls missed estimates convincingly with the prior two months jobs growth revised net negative. The Household survey was even worse than the Establishment Survey, with a