From Investing.com: 2024-11-15 03:44:00

European gas prices are at their highest levels since November due to concerns of possible Russian pipeline disruptions. OMV plans to stop paying Gazprom, risking supply cuts. US gas prices dropped over 67.6% on higher storage levels. Oil prices rose slightly despite a bearish outlook from the IEA. Gasoline inventories in the US fell, leading to a spike in RBOB gasoline crack. IEA predicts a surplus in the global oil market even if OPEC+ maintains cuts. Inventory data shows an increase in refined product stocks in Europe and Singapore.



Read more at Investing.com: European Gas Prices Rise While US Prices Drop – What Does the Divergence Indicate?