Oil prices fell on Friday, with Brent slipping away from the $70 mark reached the previous day, pulled down by worries about progress in the U.S.-China trade talks.

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British wholesale gas prices were mixed on Thursday morning on revised weather forecasts for the next couple of days and next week.

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Oil prices slipped a second day on Thursday, with Brent edging down further from the $70 mark after weekly U.S. oil data showed a surprise build in crude inventories and record production.

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British wholesale gas prices mostly fell on Wednesday morning, with prompt prices remaining close to 22-month lows due to oversupply.

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Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories.

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British wholesale gas prices fell on Monday, the first trading day of the summer gas season, as mild temperatures and robust gas imports oversupplied the system.

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Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.

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European baseload electricity contracts for year-ahead delivery dipped on Friday, tracking a fall in carbon emission permits and gas prices, while spot power prices for early next week delivery fell on the expectation of lower consumption.

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British wholesale gas prices fell on Friday morning before the start of the summer gas season next week, amid oversupply and mild temperatures. ›

Oil prices rose on Friday amid the ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009.

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