- April 7th, 2016
Oil Extends Gain as Unexpected U.S. Stockpile Drop Trims Surplus
Oil extended gains following the biggest advance in three weeks after crude stockpiles unexpectedly declined from the highest level in more than eight decades. ›
Oil extended gains following the biggest advance in three weeks after crude stockpiles unexpectedly declined from the highest level in more than eight decades. ›
British spot gas prices for immediate delivery rose on Thursday morning as lower imports from Norway led to an undersupplied system. ›
British prompt gas prices rose on Wednesday as lower temperatures boosted gas demand for heating, while longer-term contracts got support from stronger oil prices. ›
Oil extended gains after Kuwait said a deal to freeze output can be reached without Iran and U.S. industry data showed crude stockpiles declined. ›
British prompt gas prices fell on Tuesday as forecasts for high wind power output curbed demand and gas imports from Europe remained strong. ›
Oil extended declines from a one-month low before U.S. government data forecast to show increasing crude stockpiles kept supplies at the highest level in more than eight decades. ›
UK day-ahead power contracts started the week on a slightly more bearish note Monday as underlying fuels were moderately lower on the day. ›
British wholesale gas prices declined on Monday morning because of an oversupplied system. ›
Oil extended declines after Saudi Arabia’s deputy crown prince said the kingdom will freeze output only if Iran follows suit, putting in doubt the success of a proposed deal between major producers. ›
British wholesale gas prices were mostly down on Friday at the start of the new summer gas season, as milder weather forecasts for the weekend and next week lowered gas demand for heating. ›