- November 14th, 2017
UK GAS-UK gas prices fall on warmer weather, strong flows from Norway
British wholesale gas prices fell on Tuesday morning after temperatures were expected to rise following a short cold spell, reducing gas demand for heating. ›
British wholesale gas prices fell on Tuesday morning after temperatures were expected to rise following a short cold spell, reducing gas demand for heating. ›
Oil prices fell on Tuesday as the prospect of further rises in U.S. output undermined ongoing OPEC-led production cuts aimed at tightening the market. ›
European wholesale power prices showed a mixed picture with the day-ahead below what was paid for Monday as wind power production increased, while prices for delivery later this week gained strongly on colder weather bringing rising demand. ›
The British wholesale gas price for within-day delivery rose on Monday morning as cooler temperatures boosted demand. ›
Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count in the United States suggested producers there are preparing to increase output. ›
British wholesale gas prices declined on Friday morning due to oversupply. ›
Oil markets were slightly down but stable on Friday, supported by ongoing supply cuts and strong demand which have resulted in a tightening market, although the prospect of rising U.S. output capped prices. ›
The arrival of cold winter weather on Friday boosted French prompt power prices in the European wholesale market as it lifted demand for electric heating in the nuclear-reliant country, where a number of reactors have recently lengthened outage periods. ›
British wholesale gas prices rose on Thursday on a colder weather forecast over the next 15 days and higher exports to Belgium, tightening supply outlooks. ›
Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. ›