- September 5th, 2016
UK Gas – Prompt prices jump by around 14 percent
The British spot gas price jumped by around 14 percent on Monday, fully recovering from last week’s seven-year low as domestic supply was hit by unplanned outages. ›
The British spot gas price jumped by around 14 percent on Monday, fully recovering from last week’s seven-year low as domestic supply was hit by unplanned outages. ›
The British spot gas price dropped by 15 percent on Friday, touching a fresh seven-year low, extending losses this week, as the system struggled to cope with a massive supply glut. ›
Oil snapped four days of declines as Vladimir Putin said he’d like Russia and OPEC to reach an output freeze while exempting Iran as it raises production to pre-sanctions levels. ›
British wholesale gas prices plunged on Thursday on an oversupplied market, with more liquefied natural gas (LNG) cargoes heading to the country. ›
Oil rose after dropping the most in a month as Saudi Arabia said it won’t boost output to capacity and flood a market that’s contending with a global inventory overhang of crude and fuel supplies. ›
British wholesale gas prices fell on Wednesday due to ample supplies of gas. ›
Crude oil futures dipped on Wednesday as the U.S. dollar held around three-week highs and industry stocks data indicated a build in U.S. crude inventories. ›
British wholesale gas prices fell on Tuesday as strong domestic supply outweighed the impact of a sharp reduction in Norwegian imports. ›
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices. ›
British within-day gas prices fell on Friday due to an oversupplied system, while those for Monday rose as planned maintenance is expected to reduce imports from Norway. ›