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  • May 19th, 2017

Oil prices climb on hopes output cuts will be extended

Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in crude, with key benchmarks heading for a second week of gains. ›


  • May 18th, 2017

UK prompt power prices mixed on wind uptick, solar output drop

UK day-ahead power prices moved in opposite directions on Thursday driven by forecasts of falling solar power generation and rising demand and wind output, sources said. ›


  • May 18th, 2017

Oil down as market stays well supplied despite OPEC cuts

Oil prices slipped on Thursday as the market remained well supplied with crude despite efforts by OPEC and other big exporters to curb production and support prices. ›


  • May 18th, 2017

UK gas prices rise on short system and lower temperature forecasts

British wholesale gas prices rose on Thursday due to an undersupplied system and expectations of lower temperatures. ›


  • May 17th, 2017

UK gas prices decline on higher supply, lower exports

British wholesale gas prices declined on Wednesday due to higher supply and lower exports. ›


  • May 17th, 2017

Oil dips on rising US crude inventories, defies expected supply cut extension

Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts. ›


  • May 16th, 2017

Supply pressure propels UK prompt power prices to three-month high

UK spot power prices soared to a three-month high on Tuesday as a sharp drop in wind and solar power generation increased system demand, tightening surplus margins, sources said. ›


  • May 16th, 2017

Near-term UK wholesale natural gas prices climb as system seen short, curve edges higher

Near-term UK wholesale natural gas prices edged higher in early Tuesday trade on the back of an undersupplied gas system despite demand again coming in well below seasonal averages on mild temperatures. ›


  • May 16th, 2017

UK gas falling Norwegian supply and cooler forecast lifts prices

British wholesale gas prices rose on Tuesday due to falling Norwegian deliveries and cooler weather forecasts. ›


  • May 16th, 2017

Oil Gains as OPEC and Russia Seen Extending Supply Cut Into 2018

Oil rode its longest rising streak in more than a month as a proposal by the world’s two biggest crude producers to extend output curbs into 2018 boosted confidence that other nations will follow suit. ›


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