- June 19th, 2018
Oil falls on spiralling U.S.-China trade dispute, rising output
Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. ›
Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. ›
A series of revisions to nuclear power outages in Belgium announced Monday lifted fourth-quarter 2018 power prices across Europe. ›
European spot power prices on Monday rose on predictions of sharp day-on-day increases in consumption, driven by rising temperatures in the region. ›
British wholesale gas prices edged downwards on Monday as low demand compared to seasonal norms was coupled with excess supplies due to a planned pipeline closure that has blocked exports. ›
Oil prices on Monday extended falls from late last week after China threatened duties on American crude imports in an escalating trade dispute with Washington, while supply from OPEC and Russia is also expected to rise. ›
Forecasts for more wind and conventional power supply weighed down prompt wholesale prices in Europe on Friday, while forwards eased along with losses in carbon emissions rights. ›
British wholesale gas prices for immediate delivery slipped on Friday, following rises earlier in the week on several outages, as the system was oversupplied. ›
Oil prices were little changed in early Asian trade on Friday, as investors eyed a key OPEC meeting in Vienna as Saudi Arabia and Russia, architects of a producer deal to cut output, indicated they want production to rise. ›
British wholesale gas prices rose on Thursday morning as maintenance in Norway’s gas export infrastructure is expected to curb flows from Friday, while power production from wind turbines is also forecast to decline. ›
Oil prices eased on Thursday, dragged down by rising output and a decline in China’s refining activity, although strong fuel consumption in the United States and a drop in its crude inventories provided some support.
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