- August 4th, 2017
UK day-ahead power prices soar on tight supply margins, firm NBP gas
UK day-ahead power prices strengthened for the second consecutive trading session on Friday, mirroring firm NBP gas markets, and tight supply margins for Monday. ›
UK day-ahead power prices strengthened for the second consecutive trading session on Friday, mirroring firm NBP gas markets, and tight supply margins for Monday. ›
British wholesale gas prices rose on Friday due to supply shortfalls and higher demand. ›
European prompt power prices for Monday lept in Friday wholesale market trading, mainly on an anticipated fall in German wind power supply. ›
Oil is back down again this week following the year’s biggest rally as investor focus shifted to rising output from the U.S. and OPEC, away from a seasonal increase in American fuel demand. ›
European prompt power prices were mixed on Thursday, with German day-ahead falling sharply while those in France were up on the day, bringing the market back in line with normal levels. ›
British gas for immediate delivery rose on Thursday as an outage restricting Norwegian gas production capacity was extended, but contracts further along the curve fell on expectations the outage would be resolved on Friday, traders said. ›
Oil halted gains above $49 a barrel as investors weigh a rebound in U.S. output against declining crude and gasoline stockpiles. ›
Near-term UK wholesale natural gas pricing found support early Wednesday from an unplanned Norwegian outage set to reduce pipeline imports during the trading session. ›
British wholesale spot gas prices rallied on Wednesday after a major outage restricted Norwegian gas production capacity, with prompt and curve contracts all heading lower. ›
European prompt power prices fell on Wednesday on higher renewable and thermal production volumes, while demand only rose slightly. ›