- November 4th, 2019
UK GAS-Prices rise on higher consumption levels
British wholesale gas prices rose on Monday morning as demand for heating and from gas-to-power plants increased.
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British wholesale gas prices rose on Monday morning as demand for heating and from gas-to-power plants increased.
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Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.
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British wholesale gas prices jumped on Friday morning as flows from Norway dropped sharply. ›
Oil prices were little changed on Friday but set for a slide of about 4% on the week hurt by rising global supply and concerns about future demand. ›
British wholesale gas prices fell on Thursday morning as higher Norwegian flows, strong wind power generation and a plethora of expected liquefied natural gas (LNG) cargos made for an oversupplied system. ›
Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from losses in the previous session on a much larger than expected build in U.S. crude stocks. ›
Oil prices fell on Wednesday as worries over a possible delay in resolving the U.S.-China trade war which has hurt global oil demand competed with a drop in U.S. crude inventories which buoyed prices. ›
Prompt prices for British wholesale gas fell on Wednesday morning as oversupply and high levels of gas in storage weighed on the market. ›
Oil prices pulled back on Friday, retracing some of the gains of a three rally on Friday, as downbeat economic growth forecasts revived concerns over the outlook for fuel demand. ›
A sharp increase in electricity generation from German wind turbines and a forecast fall in demand pressured European spot power prices for day-ahead delivery on Thursday.
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