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Industry Insight

  • November 22nd, 2017

EUROPE POWER-Week-ahead prices up on forecast drop in temperatures

Europe’s wholesale power market on Wednesday focused on delivery contracts for next week, which gained sharply on tighter nuclear supply expectations and rising demand in the interconnected region. ›

  • November 22nd, 2017

UK GAS-Lower supply, high demand forecasts lift prices

British prompt gas prices rose on Wednesday, lifted by higher heating and residential demand forecasts as well as outages limiting supply. ›

  • November 22nd, 2017

European prompt power prices off, week ahead prices gain

European spot power prices fell on Wednesday on forecasts for higher green power and thermal generation supply while those for next week rose sharply on nuclear supply news. ›

  • November 22nd, 2017

Oil prices jumped by 1 to 2 percent on Wednesday as ongoing cuts of piped Canadian crude to the United States added to falling U.S. crude inventories, while expectations of a prolonged OPEC-led production cut also offered support. ›

  • November 21st, 2017

UK GAS-Domestic outages boost day-ahead, December contracts

British day-ahead gas prices and the December contract rose on Tuesday, driven by domestic outages which curbed supply, though warm weather kept demand low causing the within-day price to fall, traders said. ›

  • November 21st, 2017

EUROPE POWER-Day-ahead prices fall on higher wind forecast, mild weather

European spot electricity prices for day-ahead delivery plunged on Tuesday as forecasts showed a sharp rise in power production from wind turbines and a decline in consumption due to mild weather. ›

  • November 21st, 2017

Oil rises ahead of OPEC meeting

Oil prices were higher on Tuesday as traders looked ahead to a meeting next week at which major crude exporters are expected to extend production cuts. ›

  • November 20th, 2017

UK GAS-Norwegian supply dip and domestic outages lift prices

British spot gas prices rose on Monday as lower imports from Norway and multiple potential unplanned outages affecting domestic output looked set to tighten supply. ›

  • November 20th, 2017

Oil: OPEC meeting at month-end in focus

Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of the month, when the producer club is expected to decide whether to continue output cuts aimed at propping up prices. ›

  • November 20th, 2017

European day-ahead power prices mixed on wind, temperature rise

European day-ahead power prices were mixed on Monday, with Germany’s gaining on a drop in wind power and those in France being weighed down by a brief rise in temperatures. ›