British wholesale gas prices edged higher on Thursday as colder weather than originally forecast led to a slightly under supplied system. ›

Oil prices fell on Thursday after U.S. crude inventories rose and the country’s production held at record levels, but OPEC-led supply cuts and Washington’s sanctions against Venezuela supported markets. ›

Oil prices edged higher for the first time in three sessions on Wednesday, although concerns over the outlook for the global economy capped gains.

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European baseload power prices for next year delivery slipped in the wholesale market on Monday tracking a fall in coal, gas and carbon emission prices, while day-ahead contracts diverged.

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Oil prices edged up on Tuesday, buoyed by expectations of tightening global supply due to U.S. sanctions on Venezuela and production cuts led by OPEC.

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Prompt British wholesale gas prices traded sideways on Tuesday morning as the system was almost balanced and heating demand declined.

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The British wholesale gas price for day-ahead delivery rose on Monday morning due to colder temperatures expected on Tuesday, while other contracts traded below Friday’s close. ›

Oil prices rose to their highest so far this year on Monday as OPEC-led supply cuts and U.S. sanctions against Venezuela’s petroleum industry tightened markets. ›

Oil held below $54 a barrel after its best January on record as a weak Chinese manufacturing reading and the lack of a major breakthrough in the trade talks reignited concerns a growth slowdown will hurt demand.

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British wholesale gas prices fell on Friday morning due to a well-supplied system and adjusted weather forecasts which show slightly milder temperatures from the middle of next week.

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