- June 22nd, 2018
UK GAS-Prices rise on lower wind power forecasts
British wholesale gas prices rose on Friday morning as forecasts for lower output from the country’s wind farms led to an increase in demand from gas-fired power stations. ›
British wholesale gas prices rose on Friday morning as forecasts for lower output from the country’s wind farms led to an increase in demand from gas-fired power stations. ›
Oil prices rose by more than 1 percent on Friday, lifted by uncertainty over whether OPEC would manage to agree a production increase at a meeting in Vienna later in the day. ›
Storage capacity holders in Continental Europe may switch tactics in order to refill reservoirs next month as UK NBP pricing has become much more attractive so far during June compared to LNG pricing, an analysis by S&P Global Platts showed Thursday. ›
European prompt power prices on Thursday fell for the third day running on weak demand and forecasts for rising German wind power supply. ›
British wholesale gas prices fell on Thursday as supply was more than enough to meet unseasonably low demand in part due to the continued closure of an export route. ›
Oil prices fell on Thursday as crude exporters in OPEC appeared to be nearing a deal to increase production. ›
British wholesale day-ahead gas prices rose on Wednesday after posting losses in the previous session as an ongoing outage in Norway restricted supplies and as flows into Shell’s St Fergus terminal fell. ›
European spot power prices on Wednesday fell sharply on forecasts for rising German wind power supply volumes, while demand for electricity was flat. ›
Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in Libya, with investors cautious ahead of a biannual meeting of OPEC exporters to decide production policy. ›
British wholesale gas prices slipped on Tuesday morning, as the shutdown of the country’s main gas export pipeline contributed to an oversupplied market. ›