Oil prices were mixed on Friday, but both Brent and U.S. crude were set to chalk up another weekly gain as investors bet that efforts to cut a global glut are working and that the demand outlook is improving. ›

British wholesale gas prices rose on Thursday morning as lower Norwegian flows and higher demand for gas-fired power generation left the system undersupplied. ›

European spot electricity prices for day-ahead delivery on Thursday buckled under the weight of rising renewable and nuclear supply, while demand eased ahead of the weekend. ›

Oil stayed near $52 a barrel as traders took stock of data that showed a surprise decline in U.S. crude inventories while exports surged to a record, potentially spurring producers to ramp up output that’s already the highest in more than two years. ›

UK NBP spot gas contracts were trading lower Wednesday mid-morning despite a short system, with demand relatively low compared to the seasonal average and supply expected to increase intraday on higher Norwegian flows. ›

Wholesale gas prices fell on Wednesday, despite lower Norwegian flows and following the direction of coal prices, as the system was largely balanced amid forecasts for warm weather and strong winds, traders said. ›

European spot electricity prices for day-ahead delivery were mixed on Wednesday, with Germany’s rising on projections for lower renewables production while French prices eased along with lower consumption. ›

Brent oil eased on Wednesday following a report of a possible increase in Nigerian exports, but an unexpected drop in U.S. crude inventories helped keep the price within sight of this week’s 26-month highs. ›

Prompt British wholesale gas prices edged higher on Tuesday morning as lower imports from Norway left the British system undersupplied. ›

U.S. crude was back in a bull market Tuesday as Turkey threatened to shut down Kurdish oil exports in response to the region’s independence vote, while Trafigura Group and Citigroup Inc. added to warnings of a looming supply squeeze. ›