- May 14th, 2018
UK GAS-Wholesale prices dip as milder weather drags on demand
British gas prices fell on Monday as weaker commercial and residential demand and rising supply from Norway made the system oversupplied. ›
British gas prices fell on Monday as weaker commercial and residential demand and rising supply from Norway made the system oversupplied. ›
Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in U.S. drilling activity pointed to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran. ›
British wholesale gas prices fell on Friday as rising production and lower demand for power generation led to oversupply. ›
Oil prices dipped on Friday, easing from multi-year highs in the previous session on hopes that alternative supplies could replace a looming drop in Iranian exports from U.S. sanctions. ›
British wholesale prices rose on Thursday morning as several domestic production outages created undersupply and as higher oil and coal prices providing some upward direction. ›
Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market. ›
European year-ahead electricity contracts extended gains on Wednesday with the German Cal’19 hitting a record high, lifted by coal, gas, carbon emission and oil prices. ›
Oil prices rose more than 3 percent on Wednesday, hitting 3-1/2-year highs, after U.S. President Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. ›
British wholesale prices rose on Wednesday morning, tracking crude oil which jumped to its highest since 2014 after the United States abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. ›
British prompt prices were mixed on Tuesday morning as a heatwave over the long weekend retreated and household consumption forecasts were increased for the coming days.
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