- January 26th, 2026
‘Violent’ Price Spike Rocks Gas Traders Who Made Bad Winter Bets
Prices jump in the US and Europe, as cold weather drives up demand and threatens supplies. ›
Prices jump in the US and Europe, as cold weather drives up demand and threatens supplies. ›
Oil prices rose on Monday after climbing more than 2% in the previous session, due to production disruptions in major U.S. crude-producing regions. ›
Europe will import record volumes of liquefied natural gas this year, deepening its reliance on the volatile global market, according to the International Energy Agency. ›
Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran, raising concerns of military action that could disrupt supplies. ›
US and European natural gas futures have posted multiday rallies this week as freezing weather sweeps across major markets for the fuel, sparking a wave of short-covering amid risks of stronger heating demand and disrupted production. ›
Oil prices slipped on Thursday after gaining in previous sessions, as investors assessed the supply and demand outlook, while a report showing a rise in U.S. crude and gasoline stocks last week weighed on prices. ›
Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan and geopolitical pressure from U.S. threats of tariffs over its bid to gain control of Greenland. ›
Oil lacked clear direction on Tuesday as markets monitored President Donald Trump’s threats of higher U.S. tariffs on European nations over his desire to buy Greenland, while a weaker dollar and better than expected economic data from the world’s top oil importer China provided a floor to prices. ›
Oil prices were down on Monday after rising during the previous session as civil unrest in Iran subsided, lowering the chance of a U.S. attack that could disrupt supply from the major Middle Eastern producer. ›
European gas prices are set for their biggest weekly rally in over two years, with a change in sentiment taking hold as traders rush to cover short positions amid bouts of unusually cold weather. ›