Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline also continued to bolster markets. ›

British wholesale gas prices reached their highest level in four years on Tuesday as supplies were hit by an explosion at Austria’s Baumgarten gas hub, a shutdown at a UK gas pipeline and an outage at Norway’s largest gas field Troll, traders said. ›

Brent oil prices jumped 1.5 percent on Tuesday to their highest since mid-2015, after the shutdown of the Forties North Sea pipeline knocked out significant supply from a market already tightening due to OPEC-led production cuts. ›

French day-ahead power prices surged on Monday in the European wholesale market on cold weather while prompt prices in Germany buckled under rising output from wind turbines. ›

British wholesale natural gas prices rose on Monday morning as surging demand due to near-freezing temperatures left the system struggling to cope with gas shortages.  ›

Oil markets edged lower on Monday as ongoing output cuts led by OPEC were countered by rising U.S. drilling activity that points to a further increase in American production. ›

German day-ahead power prices were boosted on Thursday by forecasts for falling wind power output from high levels this week but the contract proved to be the exception in a generally falling market. ›

British wholesale prompt gas prices rose on Thursday morning on expectations of a cold snap which has increased consumption forecasts. ›

Oil prices were stable on Thursday as a fall in U.S. crude inventories was countered by soaring output and a rise in fuel stocks. ›

High wind power production in Germany, Europe’s most central and best-connected market, curbed wholesale spot prices on Wednesday while those for next week, although down on the day, remained relatively high in a reflection of colder weather forecasts. ›