- October 12th, 2016
UK Gas – Instant delivery price falls as imports rise
British gas prices for immediate delivery fell on Thursday morning, as imports of gas ramped up, leaving the system balanced. ›
British gas prices for immediate delivery fell on Thursday morning, as imports of gas ramped up, leaving the system balanced. ›
Oil held above $50 a barrel amid uncertainty over Russia’s willingness to join OPEC efforts to stabilize the market. ›
British natural gas prices diverged on Tuesday with some prompt contracts rallying in response to tight intra-day supply while forward deals were in retreat along with crude oil. ›
Oil held gains near the highest settlement in almost 15 months as Russia and Saudi Arabia said they’re ready to cooperate to limit output. The International Energy Agency said the market may rebalance faster than expected if OPEC sticks to its new target. ›
British wholesale gas prices fell on Monday morning as imports from Norway surged, while oil and carbon prices weakened, and an arrival of a new LNG tanker was confirmed. ›
European Union carbon allowances had their biggest weekly gain since February 2014 as natural gas and crude oil advanced. ›
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. ›
U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above that level in a sign that financial markets have increasing confidence in the sector. ›
British wholesale natural gas prices were pulled up along with a rallying European energy complex on Thursday and in response to mounting concern over tight winter gas markets. ›
European prompt power prices for day-ahead delivery continued to rally on Thursday on firm demand, a sharp decline in German renewables output and unabated supply worries in France. ›