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  • August 26th, 2016

Oil prices fall as Saudi Arabia dampens prospects of output freeze

Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, and as analysts pointed to an ongoing supply overhang that was weighing on markets. ›


  • August 25th, 2016

UK Gas – Prices decline due to robust supply

British wholesale gas prices declined on Thursday because the market was oversupplied due to higher flows through Norway’s Vesterled pipeline into the St Fergus gas terminal. ›


  • August 25th, 2016

Oil Holds Losses Near One-Week Low After Surprise Stockpile Gain

Oil held losses near the lowest close in a week as U.S. crude stockpiles unexpectedly increased, keeping supplies at the highest in at least three decades with the peak summer demand period approaching its end. ›


  • August 24th, 2016

UK Gas – Prices fall as domestic output rises

British wholesale gas prices fell on Wednesday morning as an increase in domestic output left the market oversupplied. ›


  • August 24th, 2016

Oil prices fall on US crude stocks build; fears over China demand

Oil prices fell on Wednesday as an unexpected build in U.S. crude inventories weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. ›


  • August 23rd, 2016

UK day-ahead power prices rise on tightening supply

UK day-ahead power contracts moved higher Tuesday as supply was expected to tighten amid easing day-ahead wind and nuclear availability. ›


  • August 23rd, 2016

UK Gas – Prompt prices soar on lower wind power output

Prompt prices for wholesale gas in Britain soared on Tuesday morning, as expectations of weaker output from the country’s wind farms increased demand from gas-fired power plants. ›


  • August 23rd, 2016

Oil prices fall as analysts say market still oversupplied

Oil prices fell on Tuesday, with Goldman Sachs warning that August’s price rally had been overdone and that a proposed oil production freeze at current near-record levels would not help rein in an oversupplied market. ›


  • August 22nd, 2016

UK Gas – Within-day prices slip as supply outpaces demand

Prompt British natural gas prices for immediate delivery fell on Monday as higher domestic production and imports from Norway led to an oversupplied system. ›


  • August 22nd, 2016

Oil Drops After Iraq Seeks Export Boost as Nigeria Attacks End

Oil fell after the longest run of gains in four years as Iraq seeks to increase exports amid a global overhang of crude inventories and as Nigerian militants call an end to hostilities. ›


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