Tag: Steadies

Oil Steadies Ahead of US Stockpile Data as Volatility Declines

(Bloomberg) — Oil steadied ahead of the release of weekly inventory data from the US that may show another rise in nationwide crude inventories. Most Read from Bloomberg Brent was little changed near $85 a barrel after a low-volume session due to a US holiday, while West Texas Intermediate was above $81. The US Energy […]

Oil Steadies After Weekly Loss as Market Looks Ahead to Fed Rate

(Bloomberg) — Oil steadied after a weekly drop with the market still digesting OPEC+’s decision to restore supply, as traders look ahead to a set of industry reports and a Federal Reserve decision on interest rates. Most Read from Bloomberg Brent traded below $80 a barrel after losing 2.5% last week as algorithmic trading amplified […]

European Gas Steadies as Market Weighs Strike on Iran

(Bloomberg) — European natural gas prices steadied as traders evaluate the impact of Israel’s strike on Iran. Most Read from Bloomberg Benchmark futures increased as much as 4.7% on Friday, before erasing those gains. Prices remain on track for a second weekly advance. The strike came less than a week after Tehran’s rocket and drone […]