British wholesale gas prices fell on Friday as increased supplies from Norway, following increased output from the Troll field which has been undergoing annual maintenance, led to an oversupplied market.

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Crude oil prices fell on Friday as concerns over the outlook for global economic growth outweighed elevated tensions in the Middle East that could disrupt supply routes and send prices higher.

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European prompt power prices rose in the wholesale market on Thursday on tighter supply in the region which overrode the effects of lower demand ahead of the weekend and beyond.

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Prompt British wholesale gas prices were lower on Thursday morning due to higher wind generation and as some Norwegian outages ended. ›

Oil prices fell more than 0.5% on Thursday, weighed down by data showing a smaller-than-expected decline in U.S. crude stockpiles and worries about the global economy. ›

British wholesale gas prices rose on Wednesday morning, lifted by undersupply as several outages in Norway curbed exports from the country.

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Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand.

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British gas prices rallied on Tuesday, extending the previous session’s gains as more unplanned outages affected Norwegian production.

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Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of a slowdown in the global economy.

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British prompt gas prices rose on Monday as an unexpected outage at Norway’s Nyhamna gas processing plant added to other field maintenance in the Nordic country, cutting piped flows further and reducing supply availability. ›