British wholesale gas prices were mixed on Wednesday morning, with higher demand supporting some of the prompt contracts.

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Oil prices steadied 1% higher on Wednesday, well below peaks hit in frenzied trading earlier in the day after a rocket attack by Iran on American forces in Iraq raised the specter of a spiraling Mideast conflict and disruption to crude flows.

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European spot electricity prices fell on Tuesday on lower demand, rising wind power production in main producer Germany, and slightly higher nuclear availability in France.

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British wholesale gas prices mostly fell on Tuesday morning due to higher liquefied natural gas send-out and weaker consumption.

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Oil prices on Tuesday surrendered some gains made over the previous two days as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.

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British wholesale gas prices edged higher on Monday morning as supply from Norway and British liquefied natural gas (LNG) terminals fell, while the curve was lifted by rising oil prices.

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Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after the killing of a top Iranian general.

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British wholesale gas prices rose on Friday morning as consumption increased, rebounding from losses the previous day. ›

Brent crude futures jumped nearly $3 on Friday after a U.S. air strike in Baghdad killed top Iranian and Iraqi military commanders, sparking concerns of disruption to Middle East oil supplies. ›

European prompt electricity prices for day-ahead delivery fell sharply in wholesale market trading on Thursday, as wind volumes in main producer country Germany were forecast to more than double by Friday.

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