British wholesale gas prices fell on Tuesday morning on expected falls in consumption over the coming days.

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Oil prices rose on Tuesday in line with firmer financial markets and bolstered by expectations that producer group OPEC and its allies will keep withholding supply.

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British wholesale gas prices jumped on Monday as annual maintenance work in Norway reduced flows at the start of a week of chilly weather and few LNG tanker deliveries.

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Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to current levels, while Washington’s withdrawal of a tariff threat against Mexico removed a cloud over the global economy.

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British wholesale gas prices rose on Friday as supplies from Norway fell ahead of maintenance on a large field, recouping some of the losses of recent days.

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Oil prices rose more than 1% on Friday, climbing further away from five-month lows hit earlier in the week after a report that Washington could postpone trade tariffs on Mexico and amid signs that OPEC and other producers may extend their supply cuts.

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British wholesale gas prices fell on Thursday morning as the market remained oversupplied for a second day, due to strong Norwegian gas flows.

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Oil prices firmed on Thursday after falling to near five-month lows in the previous session, but sentiment remained weak as markets remain under pressure from rising U.S. supply and a stalling global economy.

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European day-ahead power prices slipped in the wholesale market on Wednesday, pressured by forecasts showing a rise in German wind power generation and a fall in consumption in France.

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Prompt British wholesale gas prices largely fell on Wednesday morning on an oversupplied gas system and bearish signals from other energy commodities.

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