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Industry Insight

  • November 20th, 2019

UK GAS-Prompt falls due to milder weather; strong wind power, LNG feed demand

Britain’s prompt gas prices declined on Wednesday due to milder-than-expected temperatures that are seen rising at the weekend, coupled with strong wind power generation and liquefied natural gas (LNG) supplies.

  • November 20th, 2019

Oil prices extend losses on supply, trade war fears

Oil prices slipped for a third day on Wednesday as a surge in U.S. stockpiles reinforced concerns about lacklustre global economic growth, while hopes ebbed for any movement on the U.S.-China trade war.

  • November 19th, 2019

UK GAS-Prices mostly down as demand expected to weaken

British prompt wholesale gas prices were mostly lower on Tuesday morning amid expectations of weakening demand in the coming days.

  • November 19th, 2019

Oil slips as concerns over U.S.-China trade talks drag on

U.S. oil prices fell for the second straight day on Tuesday amid market jitters over limited progress between China and the United States on rolling back trade tariffs, while expectations of a rise in U.S. inventories also jangled nerves.

  • November 18th, 2019

EUROPE POWER-Spot mixed, curve benchmark straddles 45 euro level

European wholesale day-ahead electricity prices were mixed on Monday with France higher in response to colder weather and Germany falling on increased wind supply, while the forward benchmark for German delivery next year traded near 45 euros ($49.59) a megawatt hour, the lowest in 7 1/2 months.

  • November 18th, 2019

UK GAS-Prices mostly lower on milder and windier outlook

British wholesale gas prices were mostly lower on Monday morning due to expectations of lower demand from power plants and for heating.

  • November 18th, 2019

Oil prices edge up on trade-talk optimism, OPEC meeting

Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China and shrugging off concerns over steadily rising oil supplies.

  • November 15th, 2019

EUROPE POWER-Monday prices rise sharply as supply and temperatures fall

Wholesale electricity prices for Monday delivery rose on Friday as colder weather pushed up demand while conventional and renewable power supply tightened.

  • November 15th, 2019

UK GAS-Prices mostly lower due to oversupply

British wholesale gas prices were mostly lower on Friday morning as UK domestic production ramped up following an outage.

  • November 15th, 2019

Oil rises amid optimism over OPEC supply cuts, hopes on U.S.-China trade

Oil prices gained on Friday after OPEC’s forecast for oil demand next year fuelled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next month.

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