- April 4th, 2017
Oil prices fall as Libya’s output rebound boosts supply
Oil prices fell on Tuesday as a rebound in Libyan crude production combined with an increase in U.S. drilling to signal the potential for increased supply. ›
Oil prices fell on Tuesday as a rebound in Libyan crude production combined with an increase in U.S. drilling to signal the potential for increased supply. ›
Prompt British wholesale gas prices rose on Tuesday morning as a dip in imports from Norway led to an undersupplied system ›
European spot electricity prices for day-ahead delivery rose on Monday buoyed by a forecast of an increase in consumption and tight supply, while the year-ahead curve hit a four-week high after preliminary EU 2016 emissions data. ›
British wholesale gas prices rose on Monday morning as requests for exports to Europe hit a seven-month high. ›
Oil futures moved higher Monday as upbeat sentiment about economic prospects in Asia and Europe outweighed concerns a higher U.S. rig count stoked worries about global oversupply, although a stronger dollar pressured prices. ›
Prompt British wholesale gas prices fell on Friday morning due to an oversupplied system and lower demand. ›
Speculation OPEC will extend its deal to curb output and ease a global glut is sending oil toward its biggest weekly increase this year. ›
European spot electricity prices for day-ahead delivery slipped on Thursday, pressured by a forecast fall in consumption because of mild weather, while an increase in power production from renewable wind and solar sources will also weigh on prices. ›
Prompt British wholesale gas prices edged higher on Thursday morning in a slightly undersupplied system but are likely to come under pressure later in the day, traders said. ›
Oil prices rose on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inventories curbed gains. ›