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Industry Insight

  • November 16th, 2018

Oil firms on supply cut talk; still set for sixth weekly loss

Oil rose on Friday on hopes that supply cuts will be agreed at OPEC’s meeting on Dec. 6, but failed to recoup recent losses on oversupply concerns that have shaved more than a fifth off the Brent crude benchmark since early October. ›

  • November 16th, 2018

UK GAS-Day-ahead price up as demand forecast jumps with colder weather

British wholesale day-ahead gas prices rose on Friday as forecasts for colder weather lifted demand expectations. ›

  • November 15th, 2018

UK GAS-Prices up on colder weather forecast, low wind generation

British wholesale gas prices rose on Thursday due to forecasts for lower temperatures in the coming days and a decline in power produced from wind turbines, which helped stretch the system’s supply-demand balance. ›

  • November 15th, 2018

Oil prices stabilize, but supply glut concerns weigh on sentiment

Oil prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concerns that a supply glut may emerge amid a glum economic outlook. ›

  • November 14th, 2018

UK GAS-Prices mostly fall on oversupply, warmer weather

British wholesale gas prices mostly fell on Wednesday as warmer temperatures led to an oversupplied system. ›

  • November 14th, 2018

Crude oil extends steep dive, stocks fall on growth fears

Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy. ›

  • November 13th, 2018

EUROPE POWER-Increased demand, drop in wind support German spot

European spot electricity contracts for day-ahead delivery diverged on Tuesday as a forecast drop in wind power generation supported the German position, while the French prompt price slipped on lower demand. ›

  • November 13th, 2018

UK GAS-Prices mostly fall on strong wind power output, LNG supplies

British wholesale gas prices mostly fell on Tuesday morning as forecasts for high output from the country’s wind farms and expectations of fresh deliveries of liquefied natural gas (LNG) weighed on the market. ›

  • November 13th, 2018

Oil prices slip around 1 percent after Trump urges OPEC not to cut supply

Oil prices fell by around 1 percent on Tuesday, with Brent crude slipping below $70 per barrel and WTI below $60, after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market. ›

  • November 12th, 2018

UK GAS-Prices climb as colder weather, lower wind speeds expected next week

British wholesale gas prices climbed on Monday morning in anticipation of colder weather and less wind power output next week. ›

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