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  • July 11th, 2019

UK GAS-Prices rise on trading frenzy while oil up and market undersupplied

British wholesale gas prices rose in busy trade on Thursday, as some traders looked to boost their positions in a market that was undersupplied while oil was lifting the energy complex.


  • July 11th, 2019

Oil hits 6-week high as rigs brace for Gulf of Mexico storm

Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region.


  • July 10th, 2019

EUROPE POWER-Day-ahead prices lifted by sharp fall in renewables, nuclear generation

European spot electricity prices for day-ahead delivery soared on Wednesday on the back of forecasts showing a sharp fall in renewables power generation and a fall in French nuclear generation, while consumption is expected to remain firm in Germany.


  • July 10th, 2019

UK GAS-Prices slide after spike driven by short-covering

British wholesale gas prices fell on Wednesday, retracing gains of the previous session which had been driven by short covering, despite an undersupplied system as outages in Norway continue.


  • July 10th, 2019

Oil gains after U.S. stockpiles drop, rigs evacuated

Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.


  • July 9th, 2019

UK GAS-Prices rise on reduced Norwegian imports, low wind generation

British wholesale gas prices rose on Tuesday morning as outages at Norway’s Troll field and Nyhamna processing plant reduced imports, while power generation from wind turbines was also low.


  • July 9th, 2019

Oil prices ease as trade disputes outweigh supply concerns

Oil prices dipped on Tuesday on demand concerns following the latest signs the U.S.-China trade war is dragging on the global economy, although the potential for conflicts in the Middle East offered support.


  • July 8th, 2019

UK GAS-Prices mostly higher on Norwegian outages

British wholesale gas prices were mostly higher on Monday morning in anticipation of maintenance at a field in Norway and an extension to an ongoing outage.


  • July 8th, 2019

Oil prices edge up; gains capped as investors eye global risks

Crude prices edged higher on Monday, supported by last week’s better-than-expected U.S. jobs data and geopolitical risks, but worries that a slower global economy will curb appetite for oil kept a lid on prices.


  • July 5th, 2019

EUROPE POWER-Prompt for Monday mixed, demand falling, some supply tight

European wholesale power prices for Monday were mixed in the Friday session of the over-the-counter market amid tight supply and falling demand projections.


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