- December 5th, 2018
UK GAS-Prices mostly lower on higher wind output, warmer weather
British wholesale gas prices mostly fell on Wednesday morning as forecasts for higher output from the country’s wind farms and higher temperatures curbed demand. ›
British wholesale gas prices mostly fell on Wednesday morning as forecasts for higher output from the country’s wind farms and higher temperatures curbed demand. ›
European spot electricity prices for day-ahead delivery and week-ahead contracts tumbled on Wednesday as forecasts showed increased wind power generation and reduced power consumption due to mild weather. ›
Oil fell on Wednesday as a swelling supply glut and signs of an economic slowdown weighed on crude prices a day ahead of an OPEC meeting at which the producer club is expected to decide supply cuts. ›
British wholesale gas prices fell on Tuesday as a sharp increase in flows from Norway created a supply surplus, and as forecasts pointed to a slight increase in temperatures in coming days. ›
Oil prices rose by more than 1 percent on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output. ›
Prompt power prices in the European wholesale market rose strongly on Monday as forecasts came in for colder weather and lower German wind production volumes, with nuclear availability in France unchanged. ›
British wholesale gas prices rose on Monday as forecasts show colder temperatures and lower wind generation from tomorrow and supply from Norway is reduced. ›
Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is expected to agree to cut supply. ›
European curve contracts for power delivery in the coming years rose in wholesale market trading on Friday, tracking the strength in related carbon emissions rights, while oil and gas fell and coal traded sideways. ›
British wholesale gas prices fell on Friday as an increase in the flow of pipelines and continued high levels of liquefied natural gas (LNG) imports led to an oversupplied market. ›