Oil prices were slightly down Tuesday morning following the decision of the Opec+ to slightly reduce its crude production targets for October. Gas, on the other hand, continued to soar, still boosted by the halt in transit via the Nord Stream 1 pipeline linking Russia to Europe.

Around 08:10, the barrel of Brent North Sea for delivery in October gave up 0.59% to 95.177 dollars, after having risen the previous evening to 95.35 dollars, a jump of 2.5%. The 159 liters of U.S. West Texas Intermediate (WTI) for delivery in September was trading at 88.718 dollars, down just 0.1%, after they also gained 2.5% Monday night.

In the natural gas market, prices continued to rise after the announcement of the complete shutdown of the Nord Stream 1 pipeline, which was to resume service on Saturday after maintenance. The Dutch TTF futures contract, the European market benchmark, was trading at 245.93 euros per megawatt hour (MWh), up nearly 15%. The current price surge partly offsets the previous week's plunge, with the weekly decline reaching 9.8%.