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Industry Insight

  • January 24th, 2020

EUROPE POWER-Rising wind power volume, lower demand cut Monday prices

European prompt power prices for early next week fell sharply in Friday trading on the European wholesale market, due to forecasts for German wind power supply to more than double while usage was predicted to fall.

  • January 24th, 2020

UK GAS-Within-day gas dips for strong wind power curbs demand

British wholesale gas for immediate delivery inched down on Friday morning, as forecasts for strong output from the country’s wind farms and curbed gas demand for power.

  • January 24th, 2020

Oil rises, but potential impact of China virus on fuel demand haunts market

Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the week amid worries that a new coronavirus in China that has killed 25 so far may spread, curbing travel, fuel demand and economic prospects.

  • January 23rd, 2020

UK GAS-Prices fall as mild weather reduces demand

British wholesale gas prices fell early on Thursday, pressured by decreasing demand and expectations that mild weather will continue.

  • January 23rd, 2020

Oil skids as spectre of China virus looms over fuel demand, economy

Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago. ›

  • January 22nd, 2020

EUROPE POWER-Spot gains on cold snap, fall in German wind output

European spot electricity contracts for day-ahead delivery climbed in wholesale trade on Wednesday, helped by a continued fall in German wind power generation while low temperatures strengthened demand.

  • January 22nd, 2020

UK GAS-Falling demand drags prompt prices down

Prompt British wholesale gas prices dropped on Wednesday morning as rising temperatures were expected to reduce gas demand.

  • January 22nd, 2020

Oil slides as IEA predicts surplus, Libya disruption concerns fade

Oil prices dropped on Wednesday as the International Energy Agency’s (IEA) forecast of a market surplus in the first half of this year was enough to cancel out concerns about military disruptions that have slashed Libya’s crude output.

  • January 21st, 2020

EUROPE POWER-Spot prices lifted by strong demand, fall in German wind output

European spot electricity contracts for day-ahead delivery rose in wholesale trade on Tuesday, helped by a sharp fall in German wind power generation and firm demand due to cold weather.

  • January 21st, 2020

UK GAS-Prices mixed in undersupplied market

Prompt British wholesale gas prices were mixed on Tuesday as lower imports from Norway left the market undersupplied but warmer temperatures were forecast for later in the week.

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