British wholesale gas for day-ahead delivery rose on Thursday morning on expectations of colder temperatures over the weekend and lower Norwegian imports.

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Oil prices extended losses on Thursday as the industry grappled with the growing global surplus of crude and the sharp coronavirus-led downturn in demand, with the outlook still grim despite April data showing a rise in imports into China.

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Prompt British wholesale gas prices edged higher on Wednesday morning as lower supply form the country’s liquefied natural gas(LNG) terminals left the market slightly undersupplied.

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Oil prices were mixed on Wednesday as a higher than expected rise in U.S. inventories refocused investors on the risk of oversupply despite hopes for a recovery in demand as some countries ease coronavirus lockdowns.

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European spot wholesale power prices were mixed on Tuesday, with German prices falling due to ample wind energy while in France prices rose as nuclear supply tightened.

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Oil prices climbed in early trade on Tuesday, adding to gains in the previous session, on expectations that fuel demand will begin to pick up as some U.S. states and nations in Europe and Asia start to ease coronavirus lockdown measures.

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British wholesale gas prices rose on Monday morning amid an undersupplied gas system caused by lower liquefied natural gas (LNG) send-out and higher UK exports to the continent.

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Oil prices fell on Monday, paring last week’s gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that could restrict an economic recovery even as coronavirus pandemic lockdowns start to ease.

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British wholesale gas prices rose on Friday morning as a rise in UK gas exports to continental Europe and a drop in liquefied natural gas (LNG) send-out left the gas system undersupplied.

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Oil prices rose on Friday, extending the previous session’s gains, as major producers began output cuts to offset a slump in fuel demand triggered by the coronavirus pandemic while data showed U.S. crude inventories grew less than expected.

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