European spot electricity prices for early next week delivery surged on Friday on the back of forecasts showing a sharp fall in temperatures next week which will support power demand particularly in France. ›

China is hoovering up liquefied natural gas (LNG) cargoes worldwide, pushing spot prices for the fuel above those for oil-indexed cargoes, as energy providers scramble to avoid a looming winter supply crunch. ›

British wholesale gas prices were mostly lower on Friday morning due to oversupply. ›

Oil markets were firm on Friday, supported by OPEC-led supply cuts which are tightening the market as well as by strong demand, but analysts cautioned that the cuts would need to be extended to counter rising U.S. output. ›

Prompt British wholesale gas prices were mixed on Thursday. High flows from Norway, nearly at maximum capacity, and expectations for warmer weather drove the day-ahead lower, while weak wind output and high demand raised the within-day price, traders said. ›

Oil prices steadied on Thursday as supply cuts by OPEC and other major exporters tightened the market despite higher production in the United States. ›

Prompt British wholesale gas prices were mixed on Wednesday, as an oversupplied system drove the within-day price lower, and expected lower wind output for Thursday boosted the day-ahead contract, traders said. ›

Oil prices rose to near recent highs on Wednesday as data showed OPEC has significantly improved compliance with its pledged supply cuts and Russia is also seen keeping to the deal. ›

Prompt British wholesale gas prices were mixed on Tuesday, with the within-day price edging higher, as exports rose and the day-ahead contract faced pressure from expectations of warmer temperatures in the next few days. ›

Oil prices eased on Tuesday as traders took profits following days of gains and as the prospect of increasing U.S. exports dampened overall bullish sentiment that has driven Brent above $60 per barrel. ›