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  • 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. ›


  • May 12th, 2017

Oil rises on expectations of extended OPEC-led production cut

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. ›


  • May 11th, 2017

UK power: Fading solar supplies lift peakload spot price

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. ›


  • May 11th, 2017

UK gas for immediate delivery up on undersupply

British gas for immediate delivery rose slightly on Thursday morning due to undersupply while other contracts dipped as warmer weather forecasts curbed demand. ›


  • May 11th, 2017

Oil up on falling U.S. inventories, Saudi cuts to Asia

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. ›


  • May 10th, 2017

UK gas supply shortfalls triggered by Norway cuts lift prices

British prompt gas prices rose on Wednesday due to an undersupplied network as Norwegian supply decreased. ›


  • May 10th, 2017

Oil prices rise in Asia in expectation of Aramco supply cut

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. ›


  • May 9th, 2017

UK GAS-Prices mostly up on lower Norway flows and increased exports

British wholesale gas prices were mostly higher on Tuesday morning as exports to continental Europe and storage withdrawals rose increased ›


  • May 9th, 2017

Oil gives up earlier gains as rising U.S. output, China concerns weigh

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. ›


  • May 8th, 2017

Technician makes shocking call: Expect crude to hit $90

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.


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