- March 6th, 2019
Oil falls on U.S. inventory build, shale oil output forecasts
Oil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led production cuts.
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Oil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led production cuts.
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British wholesale gas prices got a small boost on Tuesday due to a supply deficit in the system and a slight rise in carbon prices. ›
Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some support. ›
British wholesale gas prices edged lower on Monday morning as forecasts for strong output from the country’s wind farms reduced demand for gas from power plants. ›
Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth. ›
UK wholesale gas prices fell on Friday morning as an increase in imports of liquefied natural gas (LNG) led to an oversupplied system amid lower demand. ›
Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further gains. ›
British wholesale gas prices were little changed on Thursday in a balanced market with higher demand for gas to generate power matched by increased Dutch imports and LNG supplies. ›
Oil prices fell on Thursday amid weakening factory output in China and Japan and record U.S. crude output, although markets remained relatively well supported by supply cuts led by producer club OPEC. ›
British wholesale gas prices rose on Wednesday morning as continued low wind power output boosted demand from gas-to-power plants. ›