- January 12th, 2018
UK GAS-Prices rise due to lower temperature forecasts
British wholesale gas prices rose on Friday as lower temperatures lifted demand, despite high flows from Norway keeping the system oversupplied, traders said. ›
British wholesale gas prices rose on Friday as lower temperatures lifted demand, despite high flows from Norway keeping the system oversupplied, traders said. ›
Oil prices on Friday slipped away from December-2014 highs reached the previous day. ›
European OTC day-ahead power sagged on Thursday on predictions for warmer weather and more wind supply near term, but most positions further ahead posted gains. ›
British wholesale gas prices rose on Thursday morning following a proposal to cut output at Dutch gas field Groningen and on expectations of colder temperatures. ›
Oil dipped away from three-year highs on Thursday on signs that a 13-percent rally since early December may have run its course, although a surprise drop in U.S. production and lower crude inventories offered prices some support. ›
British wholesale gas prices rose on Wednesday afternoon, shortly after Dutch gas firm NAM suggested reducing production at the Groningen gas field in the wake of Monday’s earthquake. ›
European prompt power prices for next day delivery rose on Wednesday buoyed by an expected rise in consumption due to cold weather, amid a slump in wind and solar power generation. ›
British wholesale gas prices were mostly lower on Wednesday as milder weather and strong Norway flows curbed demand. ›
U.S. oil prices hit their highest since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating. ›
European spot electricity prices for day-ahead delivery diverged on Tuesday as forecasts for a sharp fall in wind power generation lifted the German contract, while increased nuclear power supply and lower consumption weighed in France ›