- April 26th, 2016
UK GAS-Prices rise on surging demand, supply disruptions
British wholesale gas prices rose on Tuesday as demand surged and some supplies were disrupted. ›
British wholesale gas prices rose on Tuesday as demand surged and some supplies were disrupted. ›
Crude futures edged up on Tuesday due to a weaker dollar and hopes for an easing of the global oil glut, although gains were capped by concerns that a battle for market share between Saudi Arabia and Iran could intensify further. ›
British prompt gas prices fell on Monday as imports from Norway and liquefied natural gas (LNG) supplies remained strong, leaving the market oversupplied, despite strong demand amid cool weather. ›
Oil retreated from the highest close in five months amid signs a global glut will be prolonged as Middle East producers boost supplies. ›
British spot gas prices fell on Friday morning as supply disruptions eased, leaving the market almost balanced. ›
UK wholesale natural gas prices turned bullish on the open Thursday as the UK gas system was seen short, with further support offered for the NBP curve as oil prices rose further in overnight trade. ›
British gas prices rose on Thursday morning on lower supplies from Norway and rising oil prices, while demand was well above seasonal norm due to cooler weather. ›
Oil traded near the highest in almost five months and energy companies led equity gains in Asia after U.S. output dropped to the lowest since October 2014 and Iraq said producers plan new output freeze talks as early as next month. ›
British prompt gas prices rose on Wednesday morning due to higher demand for gas used in heating systems. ›
Oil fell after Kuwait workers said they would end a strike that disrupted output in OPEC’s fourth-largest producer for three days. ›