The UK’s gas system operator National Grid has issued a gas deficit warning for Thursday’s Gas Day starting at 0600 GMT as demand is set to significantly outstrip supply due to a number of outages. ›

Prompt British wholesale gas prices doubled on Wednesday as the country suffered snow and freezing temperatures, getting no respite from continental imports. ›

Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower oil demand, and as an industry data report showed an increase in U.S. crude stockpiles amid soaring output. ›

Royal Dutch Shell says the world could be grappling with a shortage of liquefied natural gas within a decade due to underinvestment in new projects. ›

British wholesale gas prices soared on Tuesday, as forecasts of colder temperatures increased demand, leaving the system undersupplied. ›

Oil prices on Tuesday erased earlier gains as investor concerns about rising U.S. oil output offset signs of stronger demand and faith in the ability of OPEC production curbs to curtail supply. ›

British wholesale prompt gas prices climbed 50 percent in the week to reach mid-December highs as cold weather forecast, alongside a shortage of gas tankers and low reserves, stoked supply concerns. Dutch spot gas prices also climbed sharply. ›

Oil slipped to $66 (47.21 pounds)a barrel on Friday, under pressure from concerns that rising U.S. oil output and exports will offset OPEC-led attempts to erode stockpiles with output curbs. ›

British wholesale gas prices were boosted on Thursday by forecasts of colder weather and increased demand from gas retailers looking to secure sufficient supply before the close of the month. ›

Oil prices fell on Thursday, dragged lower by a firmer dollar that offset support from a surprise decline in U.S. crude inventories. ›