- August 3rd, 2017
Oil Halts Gain as Investors Weigh U.S. Output Against Stockpiles
Oil halted gains above $49 a barrel as investors weigh a rebound in U.S. output against declining crude and gasoline stockpiles. ›
Oil halted gains above $49 a barrel as investors weigh a rebound in U.S. output against declining crude and gasoline stockpiles. ›
Near-term UK wholesale natural gas pricing found support early Wednesday from an unplanned Norwegian outage set to reduce pipeline imports during the trading session. ›
British wholesale spot gas prices rallied on Wednesday after a major outage restricted Norwegian gas production capacity, with prompt and curve contracts all heading lower. ›
European prompt power prices fell on Wednesday on higher renewable and thermal production volumes, while demand only rose slightly. ›
Oil prices fell by 1 percent on Wednesday, with rising U.S. fuel inventories pulling U.S. crude back below $50 per barrel, while ongoing high OPEC supplies weighed on international prices. ›
British wholesale gas prices fell on Tuesday morning due to higher Norwegian and liquiefied natural gas supply and lower exports. ›
Oil rose on Tuesday, supported by strong U.S. fuel demand, but ongoing high supplies from producer club OPEC kept prices in check. ›
UK day-ahead power prices firmed Monday, tracking gains seen in the NBP gas markets and amid forecast low wind generation. ›
British wholesale gas prices rose on Monday morning as maintenance curbed domestic supplies. ›
Oil in New York briefly rose above $50 for the first time since May after OPEC said the group and its partners will meet next week to discuss why some nations are falling behind on their pledge to cut production. ›