Oil prices rose by around 1 percent on Wednesday amid a stock market rebound and on expectations that an OPEC-led output cut for 2019 would stabilize the supply-demand balance.

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Day-ahead power prices in the European wholesale market leapt higher on Tuesday on the anticipation of colder weather and falling German wind power production.

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British wholesale gas for day-ahead delivery edged higher on Tuesday morning as cooler forecasts raised demand for gas for heating. ›

Oil prices were under pressure on Tuesday amid worries over global stock markets and doubts that planned output cuts led by producer club OPEC will be enough to rein in oversupply. ›

British gas for within-day delivery rose on Monday from a multi-month low closing price as weather watchers cut the day’s temperature forecast and an outage trimmed supplies. ›

Brent crude oil futures rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. ›

British gas for next-day delivery edged up on Friday morning due to expectations of colder weather over the weekend and next week.

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Oil extended losses near $51 a barrel after OPEC ended talks without a deal on production curbs as its ally Russia refused to commit to the big output cut that Saudi Arabia demanded.

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British wholesale gas prices fell on Thursday, despite an undersupplied market, following a drop in European benchmark carbon prices and still high storage inventories. ›

U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end. ›