- April 21st, 2017
UK gas day-ahead prices firmer on cooler weather forecasts
British wholesale day-ahead gas prices edged higher on Friday morning, on expectations of cooler temperatures next week. ›
British wholesale day-ahead gas prices edged higher on Friday morning, on expectations of cooler temperatures next week. ›
Oil prices edged lower on Friday, on course for the biggest weekly drop in a month, over doubts that an OPEC-led production cut will restore balance to an oversupplied market. ›
Prompt British wholesale gas prices were mixed on Thursday, with colder weather forecasts for next week supporting the day-ahead contract but within-day gas down on lower demand. ›
European electricity prices for day-ahead delivery fell on Thursday on a forecast increase in power production from wind, and a decline in consumption before the weekend. ›
Oil prices regained some ground on Thursday after steep losses the previous day, as Kuwait said it expected an OPEC-led effort to cut supplies would be extended beyond the middle of the year. ›
Prompt British wholesale gas prices edged higher on Wednesday in a slightly undersupplied system. ›
Oil prices were stable on Wednesday as OPEC said it was committed to draw down a global supply overhang that has dogged markets since 2014, although bloated U.S. output and inventories still weighed on crude. ›
Prices of baseload and peakload power for day-ahead delivery in the UK were nearly at parity on Tuesday, largely unchanged from Thursday’s close, as steady plant availabilities and higher solar forecast offset a decline in wind supplies. ›
Dutch and German day-ahead gas prices were stronger Tuesday morning with colder weather forecast pushing spot prices higher as demand expectations increase, while near-curve contracts rose supported by UK NBP values. ›
British prompt gas prices rose slightly on Tuesday morning as demand rose well above normal levels for this time of year. ›