- January 7th, 2019
UK GAS-Prices drop on large oversupply, mild weather
British wholesale gas prices fell on Monday as lower consumption due to warmer weather left the market heavily oversupplied. ›
British wholesale gas prices fell on Monday as lower consumption due to warmer weather left the market heavily oversupplied. ›
Oil prices rose by more than 1.5 percent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. ›
British wholesale gas prices rose on Friday morning as this week’s cold snap reached its peak, boosting demand for gas. ›
Oil prices rose by more than 1 percent on Friday, shaking off earlier losses, after China said it would hold talks with the U.S. government on Jan. 7-8 to look for solutions to a trade dispute between the world’s two biggest economies. ›
UK wholesale gas for prompt delivery fell on Thursday, due to an oversupplied system as strong imports offset cold weather forecasts. ›
Oil prices fell on Thursday amid volatile currency and stock markets, coupled with concerns that an economic slowdown in 2019 will cut into fuel demand just as crude supplies are surging. ›
British prompt natural gas prices jumped on Wednesday on forecasts for colder weather, recovering from steep falls during the Christmas and New Year holiday period.
›
Oil markets dropped by around 1 percent in 2019’s first trading on Wednesday, pulled down by surging U.S. output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.
›
British wholesale gas prices were mixed on Friday, as oversupply dented prompt values, while those for January were lifted by forecasts for cooler weather.
›
Oil prices climbed on Friday, claiming back ground from a tumble of 5 percent in the previous session, on signs that OPEC’s output cuts that start next month will be deeper than expected. ›