- October 5th, 2017
Oil Trades Near $50 as U.S. Export Surge Revives Glut Concerns
Oil traded near $50 a barrel after three days of declines as a flood of U.S. crude exports revived concerns that a global glut will persist. ›
Oil traded near $50 a barrel after three days of declines as a flood of U.S. crude exports revived concerns that a global glut will persist. ›
Wholesale gas prices rose on Wednesday, taking a lead from climbing coal prices and boosted by forecasts for cold weather, traders said. ›
Oil extended losses near $50 a barrel as U.S. industry data showed an increase in gasoline stockpiles and a boost in crude inventories at the nation’s biggest storage hub. ›
British wholesale prompt gas prices edged higher on Tuesday morning on expectations of strong demand, even though the market was slightly oversupplied. ›
European spot electricity prices for day-ahead delivery rose on Tuesday on the back of an expected sharp rise on consumption due to cold weather, and as businesses resume work after a holiday in Germany. ›
Oil edged lower for a second day after a price surge last month as OPEC output climbed marginally led by gains from Saudi Arabia and Kuwait. ›
French spot electricity prices for day-ahead delivery rose on Monday, buoyed by forecasts showing higher demand on Tuesday supported by cold weather which, together with worries over tight nuclear supply, lifted forward contracts. ›
British wholesale gas prices rose on Monday morning as colder weather forecasts led to expectations of higher demand. ›
Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter, after a survey pointed to a slight increase in OPEC production in September. ›
British wholesale gas prices fell on Friday morning due to less exports to Europe and slightly lower Norwegian flows. ›