- July 19th, 2017
Oil dips on rising U.S. crude inventories, high OPEC supplies
Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. ›
Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. ›
UK day-ahead power prices continued to tread lower for a second session Tuesday amid sufficient renewable supply. ›
British prompt gas prices were mixed on Tuesday morning, with gas for immediate delivery down after gaining nearly three pence in the previous session and the day-ahead contract up due to undersupply. ›
Oil traded near $46 a barrel after snapping a five-day gain on concern output in the U.S. and OPEC member Libya is growing just as demand shows signs of improvement. ›
Prompt British gas prices edged higher on Monday morning, as strong exports to the continent left the British gas system slightly undersupplied. ›
Oil held gains above $46 a barrel as optimism that demand will help shrink supplies outweighed an increase in U.S. rigs drilling for crude. ›
British wholesale gas prices declined on Friday morning due to strong supplies and reduced demand. ›
Oil markets dipped on Friday, pulled down by high fuel inventories and improving industry efficiency, but were still on track for a solid weekly gain. ›
Near-term UK natural gas prices saw fresh losses on the day Thursday morning, weighed down by a comfortable system balance as the impact of an ongoing unplanned Norway outage eased. ›
Prompt British wholesale gas prices fell on Thursday morning as high imports from Norway, combined with weaker demand, left the market oversupplied. ›