- June 13th, 2018
UK GAS-Prices edge up on supply squeeze, storage expectations
British wholesale prompt gas prices rose on Wednesday as an increase in expected consumption and gas earmarked for storage led to overall undersupply for the day. ›
British wholesale prompt gas prices rose on Wednesday as an increase in expected consumption and gas earmarked for storage led to overall undersupply for the day. ›
Oil prices fell on Wednesday, hit by rising supplies in the United States and expectations that producer group OPEC could relax voluntary output cuts. ›
Oil prices rose alongside global markets on Tuesday as U.S. President Donald Trump said a summit in Singapore with North Korea’s Kim Jong Un had made “a lot of progress”, boosting hopes of a deal to end a nuclear standoff on the Korean peninsula. ›
European year-ahead electricity contracts slipped on Monday tracking the fall in oil, gas and carbon emission prices, while day-ahead prompt power was lifted by forecasts for increased consumption. ›
British wholesale gas prices were mixed on Monday morning with within-day falling on increased Norwegian flows and warmer-than-expected temperatures, while forecasts for colder weather from Tuesday and coming storage injections boosted the day-ahead. ›
Oil prices slipped on Monday, pulled down by rising Russian production and as U.S. drilling activity rose to its highest in more than three years. ›
British wholesale gas prices were mixed on Friday morning with low Norwegian flows and weak wind power output boosting the within-day contract, while forecasts for higher temperatures caused a slight drop in the day-ahead contact ›
Oil prices fell on Friday, reversing early gains as signs of weakening demand in China and surging U.S. output weighed on markets despite support from supply woes in Venezuela and OPEC’s production cuts. ›
British prompt gas prices declined on Thursday morning as some gas terminals started to ramp up after outages and amid low demand. ›
Oil prices on Thursday rose on the back of plunging exports by OPEC-member Venezuela, recovering some ground lost in the previous session, although another surge in U.S. production still weighed on markets, traders said. ›