Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19 vaccination rollout around the globe. ›

British wholesale gas prices rose on Thursday morning, even though the system was well-supplied, amid maintenance outages and speculative buying. ›

Oil prices rose for a third day on Thursday on expectations of a surge in fuel demand later this year, particularly in the United States and Europe and China, at the same time major producers are maintaining supply discipline. ›

British wholesale gas prices were mixed on Wednesday morning, with the day-ahead rising on lower wind forecasts but other contracts weakening as warm weather curbed demand and carbon prices fell. ›

Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously bring back oil supply to the markets in June and July while expecting a robust recovery in demand in the United States and China, the world’s two biggest oil consumers. ›

Oil prices rose on Tuesday, with Brent topping $70 and trading at its highest since March, as optimism grew over the fuel demand outlook during the summer driving season of the United States, the world’s top oil consumer. ›

British wholesale gas prices rose on Tuesday morning, correcting losses on Friday, in spite of lower demand and oversupply. ›

European spot electricity prices for Monday delivery slid on Friday due to a projected increase in solar power supply in Germany, and lower demand in France and Germany.

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British wholesale gas prices continued to fall on Friday morning as warmer weather and stronger wind lowered demand, while lower carbon prices weighed as well.

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Oil prices were little changed on Friday, with Brent holding near $70 a barrel as firm U.S. economic data and expectations of a strong rebound in global demand in the third quarter offset concerns about more supply from Iran once sanctions are lifted.

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