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  • March 6th, 2018

Oil inches up on strong demand forecasts, OPEC-led output cuts

Oil futures rose on Tuesday for a third session, underpinned by robust demand forecasts and as ministers from OPEC touted the strength of its agreement to cut output to bolster prices. ›


  • March 1st, 2018

UK GAS-Supply squeeze pushes prices to highest in at least 10 years

Prompt British wholesale gas prices surged to their highest levels in at least 10 years on Thursday as freezing weather drove up demand and outages at gas terminals restricted imports, causing a supply squeeze. ›


  • March 1st, 2018

Oil rises after two-day fall, gains limited by stronger dollar

Oil prices edged up on Thursday after sharp falls in the previous two sessions, though gains were limited as some investors shied away from riskier assets amid volatile equity markets and a stronger dollar. ›


  • March 1st, 2018

UK National Grid issues natural gas deficit warning for Mar 1

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. ›


  • February 28th, 2018

UK GAS-Prices soar during cold snap as gas stays in Europe

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


  • February 28th, 2018

Oil prices fall on weak Asian industry data, rise in U.S. crude stocks

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. ›


  • February 27th, 2018

Shell warns of liquefied natural gas shortage as LNG demand blows past expectations

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. ›


  • February 27th, 2018

UK GAS-Prices soar on undersupply, colder forecasts

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


  • February 27th, 2018

Oil prices give up earlier gains as rising U.S. supply outweigh signs of demand gains

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. ›


  • February 23rd, 2018

UK GAS-Gas price surges in trading frenzy ahead of cold snap

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. ›


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