- June 3rd, 2016
UK Gas – Prompt prices fall as imports from Norway and temperatures rise
British prompt gas prices fell on Friday morning, as imports from Norway rose, while expectations of warmer weather curbed demand. ›
British prompt gas prices fell on Friday morning, as imports from Norway rose, while expectations of warmer weather curbed demand. ›
European forward electricity prices on Friday rose to their highest level in 2016 in what traders described as a coal-driven upswing. ›
Brent crude held its gains near $50 a barrel as investors shrugged off OPEC’s decision to stick to its policy of unfettered output amid signs the global market is re-balancing. ›
British wholesale gas prices rose on Thursday morning in response to an undersupplied system and increased demand for gas for heating. ›
Oil prices were steady on Thursday on mixed market signals ahead of an OPEC meeting in Vienna, which analysts said was not expected to result in restrictions on crude output. ›
British gas prices jumped on Wednesday as demand rose and supply declined from liquefied natural gas terminals and elsewhere, as maintenance programmes constrained output. ›
Oil slipped a fourth day, heading for the longest run of declines since April, as OPEC ministers gather in Vienna ahead of a meeting on Thursday to discuss production policy. ›
The British day-ahead gas price rose on Tuesday on expectations of higher demand due to a drop in temperatures and reduced domestic supply because of planned maintenance. ›
British within day prices fell on Friday on warmer weather that dented demand, while prices for the weekend and next month rose on expected tightening of supply due to planned maintenance. ›
Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. ›