Europe’s wholesale electricity market was mixed on Friday with prompt prices for early next week off on bearish fundamentals, while monthly and quarterly positions rose on forecasts of cooler weather and plans for French nuclear outages. ›

British wholesale gas prices were slightly higher on Friday morning on expectations of colder weather even though the system was oversupplied. ›

Oil prices reversed earlier falls on Friday as ongoing weakness in the U.S. dollar was seen supporting fuel consumption. ›

The UK day-ahead power price surged on a forecast halving in wind output for Friday’s peak hours. ›

British wholesale gas prices fell on Thursday as mild temperatures and expectations for high wind output reduced demand. ›

European spot electricity prices for day-ahead delivery posted strong gains on Thursday as forecasts showed wind power generation plunging day-on-day, while consumption will rise in France due to cold weather. ›

Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S. crude inventories and a weaker U.S. dollar. ›

European spot electricity prices for day-ahead delivery soared on Wednesday on the back of a forecast slump in power generation from renewable wind turbines, while week-ahead contracts fell on a mild weather outlook. ›

British prompt gas prices fell on Wednesday morning, as forecasts of high output from the country’s wind farms and mild temperatures for the time of year curbed demand. ›

Oil prices fell on Wednesday, weighed by data showing an increase in U.S. crude oil and gasoline inventories. ›