- June 27th, 2016
Oil Trades Near $48 a Barrel as Brexit Spurs Market Volatility
Oil traded near $48 a barrel as market volatility continued after the U.K. last week voted to leave the European Union. ›
Oil traded near $48 a barrel as market volatility continued after the U.K. last week voted to leave the European Union. ›
British wholesale natural gas prices rose on Friday after the pound tumbled against the euro after Britain country voted to leave the European Union, making gas more attractive to purchase. ›
Oil prices briefly slumped by more than 6 percent on Friday after Britain voted to leave the European Union in a landmark referendum, causing huge market uncertainty and fracturing European efforts to forge greater unity. ›
British wholesale gas prices fell on Thursday morning due to an outage at Rough gas storage site which will reduce the amount of gas which can be injected into storage over the summer and as the country went to the polls in a referendum on EU membership. ›
Oil prices rose in early Asian trading on Thursday, shrugging off a smaller than expected decline in U.S. stockpiles as the market waited with bated breath for the result of Britain’s “Brexit” vote. ›
British prompt gas prices rose on Wednesday morning as deliveries to UK domestic gas terminals fell due to outages, oil prices rose and a day ahead of a vote on EU membership. ›
UK day-ahead power contracts rose Tuesday, halting a three-day slide despite steady spot gas prices, as forecasts for falling renewables power generation and curtailed French imports boosted the prompt market. ›
British prompt gas prices rose on Tuesday morning, as imports from Norway fell, leaving the British gas system undersupplied. ›
Oil halted gains near $49 a barrel as markets awaited the U.K. referendum on staying in the European Union and weekly U.S. stockpile data. ›
British wholesale gas prices rose on Monday, buoyed by a stronger oil market as fears of Britain voting to leave the European Union in a referendum on Thursday receded. ›