- August 10th, 2017
UK GAS-Prompt prices fall due to oversupply
British prompt gas prices fell on Thursday due to an oversupplied system, on a day when gas demand was nearly 23 million cubic metres (mcm) lower than the seasonal average ›
British prompt gas prices fell on Thursday due to an oversupplied system, on a day when gas demand was nearly 23 million cubic metres (mcm) lower than the seasonal average ›
Oil held gains above $49 a barrel as U.S. production eased and crude inventories extended declines, trimming a glut. ›
UK day-ahead baseload prices edged higher Wednesday tracking the NBP gas market, and on an unplanned outage at EDF Energy’s 504-MW Hinkley Point B nuclear power unit-8 on Wednesday. ›
British wholesale gas prices rose on Wednesday as faltering production from the UK Continental Shelf and higher forecast demand led to supply shortfalls. ›
Oil extended declines for a third day amid speculation that a predicted gain in U.S. output will offset OPEC-led efforts to trim a global glut. ›
European day-ahead power prices fell on Tuesday, reflecting higher wind power supply forecasts and falling demand. ›
British wholesale gas prices declined on Tuesday morning as Norwegian were rerouted to Britain from France and on expectations of higher wind power output. ›
Oil prices slipped in Asian trading on Tuesday following a recovery in output at Libya’s largest oil field and as doubts about OPEC-led production cuts continue to drag. ›
British wholesale gas prices rose on Monday as reduced Norwegian flows and expectations of lower temperatures created an undersupplied system, traders said. ›
European day-ahead power prices were weighed down on Monday by projections for higher wind power supply, which countered anticipated demand gains. ›