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March 13th, 2017

Oil Steadies Below $49 as U.S. Drilling Threatens Longer Glut

Oil steadied below $49 a barrel as U.S. drillers continued to boost activity, countering OPEC’s efforts to drain a global glut. ›

March 13th, 2017

UK Gas prompt prices fall on milder temperatures, oversupply

British day-ahead gas price down 1.95 pence at 40.15 pence per therm at 0916 GMT ›

March 10th, 2017

Companies claim largest US onshore oil discovery in 30 years

Spanish energy company Repsol says an oil reserve of 1.2 billion barrels has been identified in Alaska’s North Slope, which the company says is the largest onshore discovery in the United States in three decades. ›

March 9th, 2017

The oil market has important news floating in Asian waters

Despite OPEC efforts to curb a glut of supply, U.S. crude inventories surged by 8.2 million barrels last week, pushing oil prices to their lowest levels of 2017. ›

March 8th, 2017

UK GAS-Mild weather dampens demand, prices slip

British day-ahead gas price down 0.55 pence to 42.15 pence per therm ›

March 7th, 2017

UK oil and gas production continues to rise while unit costs improve

Britain’s oil and gas industry has become more resilient with production increasing and unit costs improving, according to the Business Outlook Report 2017 published by the trade body Oil & Gas UK. ›

March 6th, 2017

UK GAS-Prompt prices slip as high wind output, LNG supplies weigh

British day-ahead gas price down by 0.85 pence to 42.75 pence per therm ›

March 3rd, 2017

UK GAS-Prices decline on robust supply

British day-ahead gas price declines by 0.50 pence to 43.00 pence per therm. ›

March 2nd, 2017

UK Gas Prices drift lower on healthy supply

British day-ahead gas price down by 0.10 pence to 44.50 pence per therm at 0935 GMT. ›

March 2nd, 2017

Oil falls for third day as U.S. inventories hit record high

Crude oil fell for a third consecutive session on Thursday as a record build-up in U.S. stockpiles weighed on the market, with producers boosting shale oil production ›

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