- December 1st, 2016
UK GAS-Prompt prices decline on milder weather forecasts
Prompt British gas prices fell on Thursday morning as forecasts of a pick-up in temperatures curbed demand. ›
Prompt British gas prices fell on Thursday morning as forecasts of a pick-up in temperatures curbed demand. ›
Crude oil prices steadied around $50 a barrel on Thursday, holding onto most of the big gains made after OPEC and Russia agreed to restrict production, even as analysts warned other producers were likely to top up supply. ›
The UK’s only long-range gas storage facility should be available no later than the start of the December 9th ›
OPEC began on Wednesday debating a deal to curtail oil production in an effort to prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action. ›
Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices. ›
Prompt British wholesale gas prices rose on Tuesday morning as colder temperatures pushed up demand for heating. ›
Prompt British wholesale gas prices rose on Monday morning, as temperatures were expected to fall below zero degrees Celsius in many parts of the country this week. ›
The arrival of cold weather pushed up European prompt power positions early on Monday, with the forecast for temperatures in France seen falling further. ›
Oil prices regained some ground after steep losses made since Friday in choppy trading ahead of a planned producer meeting on Wednesday aimed at reining in global oversupply. ›
British wholesale gas prices rose on Friday morning as a series of outages created expectations of tighter supplies over the weekend. ›