With big debt deal and rising oil prices, market message is don’t ‘bet against the Saudis’ ›

British spot gas prices rose on Wednesday after hitting the highest level for more than a year a day earlier on lower imports and a calmer and cooler weather outlook. ›

Oil prices rose early on Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement saying a planned production cut was achievable, although analysts warned that Chinese economic data could erode the bullish momentum. ›

UK spot power prices recovered Monday’s losses on Tuesday as higher demand and lower wind output forecasts boosted the market, while an expected slump in wind in the latter half of the working week pushed prompt contracts further higher, sources said. ›

British natural gas prices for instant delivery jumped more than five percent on Tuesday due to colder weather forecasts supporting heating demand. ›

Britain’s heating season has started with a bang, as natural gas contracts reverse a two-year slump. ›

Oil shrugged off data forecast to show U.S. stockpiles gained a second week, edging back above the $50 level where prices have hovered since rallying on OPEC’s decision to cut output last month. ›

British gas prices for within-day delivery fell on Monday morning, as strong imports from the Netherlands and Norway led to an oversupplied system. ›

Oil extended declines after U.S. producers increased drilling as the market contends with an overhang of crude inventories at the highest seasonal level in at least three decades. ›

Oil prices edged up on Friday, pushed by a tighter U.S. fuel market and as technical indicators attracted buying from financial players, but doubts over the feasibility of a planned production cut still weighed on markets. ›