- September 26th, 2017
UK GAS-Prompt prices edge higher as imports from Norway fall
Prompt British wholesale gas prices edged higher on Tuesday morning as lower imports from Norway left the British system undersupplied. ›
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. ›
British prompt gas price rose on Monday morning on cooler weather forecasts and a slightly undersupplied gas network. ›
European day-ahead electricity prices diverged on Monday as increased renewables output weighed on the German contract while a forecast rise in demand and dip in nuclear output lifted French prices. ›
Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting in Vienna said the market was well on its way towards rebalancing. ›
UK day-ahead prices for Monday delivery rose more than 2% as supply margins stood at 4.5 GW and renewable generation fell sharply for Monday. ›
European spot electricity prices for early next week delivery rose on Friday, lifted by forecasts showing lower renewable and nuclear power output, while demand is expected to fall due to slightly warmer weather. ›
Oil prices were narrowly higher on Friday as the market waited to see whether major oil producers would back an extension to output cuts beyond March at a meeting in Vienna. ›
UK NBP spot gas contracts were trading higher Thursday mid-morning on the back of an undersupplied system. Norwegian flows were running low due to maintenance, with total flows unable to cover the increased demand on the day. ›
Wholesale gas prices rose on Thursday due to undersupply caused by reduced Norwegian flows and a forecast for low temperatures, traders said. ›