- October 17th, 2018
UK GAS-Prices down as Norwegian flows oversupply system
British wholesale gas prices fell on Wednesday, as an increase in flows from Norway heavily oversupplied the system, with demand levels unable to catch up ›
British wholesale gas prices fell on Wednesday, as an increase in flows from Norway heavily oversupplied the system, with demand levels unable to catch up ›
Oil prices steadied after three days of gains on Wednesday after industry data showed a surprise decline in U.S. crude inventories and tension over the disappearance of a prominent Saudi journalist stoked supply worries. ›
The British wholesale within-day gas price fell on Tuesday with strong North Sea production and high send-out rates from liquefied natural gas (LNG) terminals leading to an oversupplied market. ›
Oil prices dipped on Tuesday amid expectations of an increase in U.S. crude inventories, but signs of a fall in Iranian oil exports this month kept losses in check. ›
European spot electricity prices for day-ahead delivery rose on Monday, buoyed by a forecast fall in wind and solar power generation while cold weather is expected to boost demand. ›
British wholesale gas prices rose on Monday morning as low output from the country’s wind farms and nuclear power plants led to an increase in demand from power stations and left the system undersupplied. ›
Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked supply worries, though concerns over the long-term demand outlook dragged on prices. ›
European spot power prices rose on Friday for early next week due to lower renewable supply and rising consumption in France, where a drop in temperatures is likely to spur demand for heating. ›
The British day-ahead wholesale gas price rose 6 percent on Friday morning, with temperatures set to turn cooler next week, increasing demand. ›
Oil rose to $81 a barrel on Friday, rebounding after two days of declines, though prices pared gains after another closely watched forecaster deemed supply adequate and the outlook for demand weakening. ›