- September 19th, 2016
UK NBP spot natural gas market stronger on outages
NBP spot market began the week strong, as two unplanned outages with uncertain durations supported prices, while opposing pressure was provided by heightened LNG infeed. ›
NBP spot market began the week strong, as two unplanned outages with uncertain durations supported prices, while opposing pressure was provided by heightened LNG infeed. ›
Oil rebounded from the lowest close in more than a month after clashes halted what would be the first crude shipment from Libya’s Ras Lanuf export terminal since 2014. ›
British wholesale gas prices rose early on Thursday while the day-ahead electricity contract sank from all-time high levels, down 69 percent as cooler weather forecasts reduce air conditioning demand. ›
Oil held below $44 a barrel amid speculation the global crude glut will expand as OPEC members Libya and Nigeria prepare to boost exports within weeks. ›
British prompt gas prices mainly fell on Wednesday due to an oversupplied network as storage sites struggled to mop up continued high flows from liquefied natural gas (LNG) terminals. ›
Brent crude traded near the lowest close in more than a week on speculation the global glut will persist longer than previously forecast. ›
Prompt British gas prices rose on Tuesday morning as imports from Norway through the Langeled pipeline fell. ›
Oil declined before weekly U.S. government data forecast to show crude stockpiles rose and the International Energy Agency changed its view on the global oversupply, seeing a glut persisting into 2017. ›
Prompt British gas prices fell as much as 12 percent on Monday morning as an increase in imports from Norway, looming liquefied natural gas (LNG) supply and warm weather weighed on the market. ›
Oil extended declines following the biggest drop in more than a month after U.S. producers increased drilling as the market contends with an overhang of crude and fuel inventories. ›