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Industry Insight

  • May 21st, 2019

UK GAS-Prices fall due to higher imports from Norway

British wholesale gas prices fell on Tuesday morning as a ramp up in imports from Norway left the system oversupplied.

  • May 21st, 2019

Oil up on escalating U.S.-Iran tensions, but trade war worries cap gains

Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year.

  • May 20th, 2019

UK GAS-Prices rise on low Norway flows and weak wind

British wholesale gas prices rose on Monday morning on undersupply due to low flows from Norway and insufficient wind power to fill the gap.

  • May 20th, 2019

Oil rises after OPEC+ says to keep output cuts, Iran tension rises

Oil rose to multi-week highs on Monday after OPEC indicated it would probably maintain production cuts that have helped support prices this year, while tension continued to escalate in the Middle East.

  • May 17th, 2019

Oil steady as Middle East tensions mounts, set for weekly gains

Oil prices were steady on Friday, giving up earlier gains, and were on track for the first weekly increases this month, as rising tensions in the Middle East stoked fears of supply disruptions.

  • May 16th, 2019

UK GAS-Oversupply keeps prices under pressure

British wholesale gas prices fell in an oversupplied market early on Thursday, with only day-ahead edging up on approaching maintenance.

  • May 16th, 2019

Oil edges up for third session on Mideast tensions

Oil prices pushed higher on Thursday for a third day in a row, as fears of supply disruptions amid heightened tensions in the Middle East overshadowed an unexpected rise in U.S. inventories.

  • May 15th, 2019

EUROPE POWER-Spot narrowly mixed on weather, nuclear factors

European prompt power prices on Wednesday were narrowly mixed, with Germany’s down on more wind power supply and those in France unchanged as nuclear supply increased to meet seasonally high demand.

  • May 15th, 2019

UK GAS-Prices edge lower in oversupplied market

Prompt British wholesale gas prices edged lower on Wednesday as oversupply weighed on the market.

  • May 15th, 2019

Oil prices fall as U.S. stockpiles rise, but Middle East tensions support

Oil fell on Wednesday after data showed a surprise rise in U.S. crude stockpiles and as Chinese industrial output grew less than expected in April, but prices were supported by mounting tensions in the Middle East.

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