British wholesale gas prices rose on Friday morning with supply from Russia curbed following a fire at a Gazprom plant on Thursday.

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Oil prices extended gains on Friday, but remained on track for their biggest weekly decline since March as travel restrictions to curb the spread of the COVID-19 Delta variant are raising concerns about fuel demand.

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Oil prices fell on Thursday wiping out early gains as more countries imposed movement restrictions amid a surge in coronavirus cases and as the U.S. dollar firmed, though tension in the Middle East kept prices from falling further.

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European wholesale spot power prices fell on Wednesday on a forecast rise in wind supply throughout the region, while demand is seen down in both Germany and France.

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U.S. oil prices fell for a third day on Wednesday while Brent futures were largely unchanged on mounting concerns that the increasing spread of the Delta variant of the coronavirus in top consuming countries will cut fuel demand.

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European wholesale spot power prices diverged on Tuesday with the German price up on lower wind power and the French price down as nuclear availability stayed flat.

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British wholesale gas prices declined on Tuesday morning as flows increased from Norway and prices corrected after gains on Monday.

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Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory activity in key markets weighed on sentiment.

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European wholesale spot power prices jumped on Monday on a forecast drop in wind supply throughout the region.

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British wholesale gas prices rose on Monday morning as forecasts for low output from the country’s wind farms led to increased demand for power from gas-fired plants while both domestic supply and imports from Norway fell.

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