- April 4th, 2016
UK prompt power prices fall on lower fuel prices
UK day-ahead power contracts started the week on a slightly more bearish note Monday as underlying fuels were moderately lower on the day. ›
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. ›
Oil futures fell on Friday as oversupply, a strengthening dollar and weaker Asian stock markets dragged on sentiment, but data showing lower U.S. oil output helped put a floor under prices. ›
British wholesale gas prices declined on Thursday morning due to oversupply, a day ahead of the new summer gas season which usually sees lower demand due to warmer temperatures. ›
Oil futures fell in Asian trade on Thursday, with U.S. crude hitting the lowest level in more than two weeks, amid renewed worries of global oversupply after U.S. crude inventories rose to a record high. ›
UK day-ahead power prices were steady Wednesday as a slight dip in demand levels is likely to be offset by declining wind generation. ›
British prompt gas prices rose early on Wednesday due to an undersupplied system as lower wind power generation boosted demand for gas-fuelled power plants. ›
Oil rose as the dollar weakened and before U.S. government data forecast to show crude stockpiles expanded for a seventh week. ›