- May 12th, 2017
UK gas prices decline on higher Norwegian supply forecast
British gas prices fell on Friday morning, in part reflecting expectations of higher Norwegian deliveries through the Langeled pipeline from next week. ›
British gas prices fell on Friday morning, in part reflecting expectations of higher Norwegian deliveries through the Langeled pipeline from next week. ›
Oil prices rose on Friday as traders expected OPEC-led production cuts to extend beyond the middle of this year, and as U.S. crude inventories fell to their lowest levels since February. ›
UK day-ahead power prices were mixed Thursday, with the peakload contract climbing on tightening supply margins owing to falling solar generation, interconnector outage and increasing demand, but baseload declining, sources said. ›
British gas for immediate delivery rose slightly on Thursday morning due to undersupply while other contracts dipped as warmer weather forecasts curbed demand. ›
Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. inventories and a bigger-than-expected cut in Saudi supplies to Asia helped tightened the market. ›
British prompt gas prices rose on Wednesday due to an undersupplied network as Norwegian supply decreased. ›
Oil futures rose in Asian trading on Wednesday after Reuters reported that Saudi Arabia would cut supplies to the region as OPEC battles against rising U.S. production that is threatening to derail its attempts to end a sustained global glut in crude. ›
British wholesale gas prices were mostly higher on Tuesday morning as exports to continental Europe and storage withdrawals rose increased ›
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended. ›
Crude is on track to double its price per barrel, according to one technician whose bold call had CNBC’s “Futures Now” traders scratching their heads this week. ›