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European Natural Gas Prices Decline as Oil Options Price in Lower Risk Amid Middle East Turmoil and Fed Keeps Rates Unchanged

5 posts • GPT (3)

Published Nov 2, 2023, 01:36 PM

European natural gas prices decline for a second day as November begins with a mild and windy weather outlook. Oil options are pricing in a smaller risk of escalation in the Middle East due to the Gaza war. Oil prices jump 2% ahead of the Fed decision as Middle East turmoil continues. European natural gas futures swing between small gains and losses amid lingering concerns about the Middle East conflict and relatively muted demand prospects. Oil rises 1.5% after the Fed keeps rates unchanged.

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#Middle East #Gaza war #Fed

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Open Outcrier

@OpenOutcrier

Oil rises 1.5% after Fed keeps rates unchanged - Reuters https://t.co/D2xV2aAJqe

Bloomberg

@business

European natural gas futures swing between small gains and losses amid lingering concerns about the Middle East conflict and relatively muted demand prospects https://t.co/eVKneNHy3F

FXHedge

@Fxhedgers

OIL GAINS AHEAD OF FED MEETING AS MIDDLE EAST CONFLICT PERSISTS (Reuters) Oil prices edged up in early Asian trade ahead of key global central bank meetings this week including the Fed, as the market closely watches the latest developments in the Israel-Hamas conflict. https://t.co/QGrrpP6vOH

European Natural Gas Prices Decline as Oil Options Price in Lower Risk Amid Middle East Turmoil and Fed Keeps Rates Unchanged

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