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  • February 25th, 2016

Oil falls as oversupply, slow growth outweigh US output drop

Crude oil prices fell on Thursday as downward pressure from global overproduction and slowing economic growth outweighed strong gasoline demand and lower U.S. crude output. ›


  • February 24th, 2016

Oil Extends Decline as Saudi Arabia, Iran Resist Production Cuts

Oil extended declines after oil ministers from Iran and Saudi Arabia signalled they’re unwilling to curtail production. ›


  • February 24th, 2016

UK Gas – Prompt prices slip as supply outpaces high demand

British spot gas prices fell on Wednesday morning as strong domestic supply and imports from Norway outstripped cold weather and high demand. ›


  • February 23rd, 2016

UK Prompt Power Prices Soar On Tightening Margins, Strong Demand

UK prompt power prices posted strong day-on-day gains Tuesday, rising for the second consecutive trading session, as forecasts for less than 1 GW wind supply coupled with an unplanned power station outage and increased demand bolstered market sentiment, sources said. ›


  • February 23rd, 2016

Oil prices fall as global glut offsets prospect of lower US output

Oil futures fell more than half a dollar on Tuesday given worries rising Iranian output would deepen a global oversupply, offsetting expectations of a drop in U.S. production that had spurred sharp price gains in the previous session.


  • February 22nd, 2016

UK Gas – Wholesale prices rise on colder weather

British wholesale gas prices rose on Monday on an expected increase in gas demand for power generation and heating as temperatures were set to fall this week. ›


  • February 22nd, 2016

Brent Oil Pares Losses as Russia Sees Output Talks Done by March

Brent oil rose as Russia said talks on an output freeze will be done by March 1, while Nigeria said some countries should have production capped at higher levels. ›


  • February 19th, 2016

UK Gas – Prices dip on lower demand for power generation and heating

British wholesale gas prices fell on Friday as strong supply from storage sites and liquefied natural gas (LNG) terminals, and softer demand for power generation and house heating, led to an oversupplied system. ›


  • February 19th, 2016

Oil prices fall on oversupply concerns after US crude stocks hit record

Oil futures fell in Asian trade on Friday as a record build in U.S. crude stocks stoked concerns about global oversupply, outweighing moves by oil producers including Saudi Arabia and Russia to cap oil output. ›


  • February 18th, 2016

UK Gas – Spot prices steady, strong imports from Norway

British gas prices for prompt delivery held steady on Thursday as flows picked up at Total’s St Fergus terminal and Norwegian exports remained strong. ›


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