British wholesale gas prices were slightly higher on Friday as Norwegian gas was re-routed to continental Europe.

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Oil prices rose on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.

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British wholesale gas prices fell on Thursday on increased imports from Norway and higher output from wind farms.

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Oil prices were mixed on Thursday with U.S. crude extending losses after falling in the previous session after data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season. ›

European spot electricity prices for day-ahead delivery fell on Wednesday on the back of forecasts showing a rise in wind power generation amid weak consumption.

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British wholesale gas prices fell on Wednesday, extending this week’s losses after a prolonged rise since the start of the month, thanks to an oversupplied market.

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Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent following data showing U.S. crude inventories fell less than expected.

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British wholesale gas prices fell on Tuesday morning as rising flows from Norway oversupplied the system, while power production from wind turbines was seen rising in coming days.

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Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record.

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Germany’s main power curve contract on Monday hit its highest level in nine months in the wholesale market and its French equivalent a seven-month high, both boosted by related carbon certificates reaching a fresh 11-year high.

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