- June 6th, 2018
UK day-ahead power prices edge down on low demand, NBP natural gas
UK day-ahead power prices edged lower Wednesday on warm weather and underlying NBP natural gas prices also falling day on day. ›
UK day-ahead power prices edged lower Wednesday on warm weather and underlying NBP natural gas prices also falling day on day. ›
British prompt gas prices dipped on Wednesday ahead of the return of gas fields undergoing outages, while forward contracts were supported by crude oil gains. ›
Oil prices rose on Wednesday after Venezuela raised the prospect of a halt to some crude exports, but gains were capped by reports that the U.S. government had asked Saudi Arabia and some other OPEC producers to increase output. ›
European spot prices firmed Tuesday morning, supported by tight supply, accumulating outages and low renewables supply, traders said. ›
Crude oil futures were higher during mid-afternoon trade in Asia Tuesday on bargain hunting after an overnight price fall and expectations of a continuing drawdown in crude inventories in the US. ›
British wholesale gas prices were mostly higher on Tuesday morning as temperatures fell and ahead of several planned outages. ›
British wholesale gas prices rose on Monday morning as lower temperatures forecast for the week and maintenance at Norway’s gas export facilities increased demand and created a supply shortage.
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Crude oil futures lost more ground on Monday as the market was weighed down by U.S. output climbing to a record-high and expectations that OPEC members will raise supplies.
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UK day-ahead power prices for Monday fell Friday amid lower NBP gas prices, while the curve followed a similar trend, mirroring lower carbon allowance for December. ›
British wholesale gas prices were mostly down on Friday morning due to a well-supplied system and expected reduced consumption. ›