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Industry Insight

  • July 7th, 2020

EUROPE POWER-Spot prices jump on falling renewables output

European spot electricity prices for Wednesday delivery jumped to more than 5-month highs due to a falling forecast for German wind and solar power generation, while French nuclear availability remained low.

  • July 7th, 2020

UK GAS-Prompt prices little moved amid lower wind, oversupplied system

Prompt British wholesale gas prices were little moved amid quiet trade on Tuesday morning, with some support coming from a rise in gas-for-power demand.

  • July 7th, 2020

Oil prices slide as spike in U.S. coronavirus cases casts gloom over fuel demand prospects

Oil prices fell on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in fuel demand.

  • July 6th, 2020

EUROPE POWER-German year-ahead price jumps on rising carbon, fuel prices

The German year-ahead power contract surged on the wholesale market on Monday, as carbon permit contracts jumped and oil prices rose due to tighter supply.

  • July 6th, 2020

Oil prices mixed as coronavirus spike casts doubt on U.S. demand

Oil prices were mixed on Monday, with Brent crude edging higher, supported by tighter supplies, while U.S. benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States.

  • July 3rd, 2020

Oil slides as fears grow that coronavirus resurgence could stunt fuel demand recovery

Oil prices fell on Friday, reversing earlier gains, as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, stoked worries that a fuel demand recovery could stall.

  • July 2nd, 2020

EUROPE POWER-Prompt prices fall on higher supply, lower demand

European prompt power prices fell in the wholesale market on Thursday on weaker pre-weekend demand and higher renewables and nuclear supply.

  • July 2nd, 2020

UK GAS-Prices slip on higher Norwegian imports, oversupply

Prompt British wholesale gas prices fell on Thursday morning as imports from Norway increased, leaving the market oversupplied.

  • July 2nd, 2020

Oil prices gain on fall in crude stockpiles

Oil prices rose on Thursday, reversing early losses, as a sharp drop in oil stockpiles outweighed concerns that a spike in U.S. coronavirus infections and revived lockdown measures in California could stall a recovery in fuel demand.

  • July 1st, 2020

UK GAS-Prompt prices mixed as lower LNG send-out offsets drop in exports

British prompt wholesale gas prices were mixed on Wednesday morning as a drop in exports to continental Europe was offset by lower liquefied natural gas send-out.

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