- December 5th, 2017
UK GAS-Prompt supported by tight supply, unplanned outage
British gas prices rose on Tuesday morning as an unplanned outage curbed flows into Perenco’s Bacton terminal in southeast England. ›
British gas prices rose on Tuesday morning as an unplanned outage curbed flows into Perenco’s Bacton terminal in southeast England. ›
Oil prices fell on Tuesday ahead of U.S. crude inventories data, as the market weighed the impact of rising U.S. crude output versus last week’s deal between OPEC and other crude producers to extend output curbs. ›
European spot electricity prices were mixed on Monday, as the market factored in higher wind power supply and extra cold weather demand, while stronger coal prices supported year-ahead power including a contract high in France. ›
British wholesale gas prices rose on Monday morning on expectations of lower temperatures later this week. ›
Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their highest since mid-2015, supported by an extension of output cuts agreed last week by OPEC and other producers. ›
British wholesale gas prices rose on Friday due to cold temperatures which raised consumption levels and an undersupplied system. ›
European power prices for next Monday came under selling pressure in wholesale market trade on Friday as strong wind output was forecast from German turbines which should boost supply in the interconnected region. ›
Oil futures rose on Friday after OPEC and other major producers agreed to extend their production curbs in a widely expected move aimed at ending a persistent glut in global supplies ›
British wholesale gas prices fell on Thursday, driven by forecasts for milder weather and high Norwegian flows that created an oversupplied system, traders said. ›
Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January with the goal of tightening supplies and propping up prices. ›