- November 20th, 2018
UK GAS-Prices rise after strong sell-off
British wholesale gas prices rose on Tuesday morning, following a strong sell-off the previous day. ›
British wholesale gas prices rose on Tuesday morning, following a strong sell-off the previous day. ›
Oil fell on Tuesday, folding under the weight of a broad stock market sell-off that undercut support to prices earlier in the day from expectations that OPEC will introduce new output curbs. ›
Oil rose for a fourth session in a row on Monday, buoyed by the prospect that top exporter Saudi Arabia will push OPEC and maybe Russia to cut supply towards the end of this year. ›
British wholesale gas prices fell on Monday as increased supplies from Norway and strong liquefied natural gas (LNG) imports oversupplied the system. ›
Oil rose on Friday on hopes that supply cuts will be agreed at OPEC’s meeting on Dec. 6, but failed to recoup recent losses on oversupply concerns that have shaved more than a fifth off the Brent crude benchmark since early October. ›
British wholesale day-ahead gas prices rose on Friday as forecasts for colder weather lifted demand expectations. ›
British wholesale gas prices rose on Thursday due to forecasts for lower temperatures in the coming days and a decline in power produced from wind turbines, which helped stretch the system’s supply-demand balance. ›
Oil prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concerns that a supply glut may emerge amid a glum economic outlook. ›
British wholesale gas prices mostly fell on Wednesday as warmer temperatures led to an oversupplied system. ›
Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy. ›