European spot electricity prices for Friday delivery rose on Thursday as wind power supply in Germany is expected to plummet to less than half of Thursday’s level.

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British wholesale gas prices fell on Thursday morning amid warmer weather and oversupply.

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Oil prices fell on Thursday but stayed within the tight range set this week, with optimism about the summer driving season in the United States and Europe offsetting concerns on demand in India and a potential increase in Iranian supplies.

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British wholesale gas prices rose on Wednesday morning as Norwegian imports and domestic production declined and demand from power plants rose, leaving the system undersupplied.

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Oil rose on Wednesday as worries about an increase in supplies from Iran were offset by optimism about improving U.S. fuel demand that was reinforced by a drop in weekly inventory estimates.

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British wholesale gas prices gained ground on Tuesday morning as a firmer carbon market, higher demand from power plants and competition with Asia for liquefied natural gas (LNG) shipments lent support.

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Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets.

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British wholesale gas prices fell on Monday morning as warmer weather was forecast for the rest of the month and as Langeled flows ramped up.

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Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remains intact even with increased Iran exports.

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Oil prices nudged up on Friday, recovering from three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress on talks to revive a 2015 nuclear deal.

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