European spot electricity prices for Monday delivery slid on Friday due to a projected increase in solar power supply in Germany, and lower demand in France and Germany.

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British wholesale gas prices continued to fall on Friday morning as warmer weather and stronger wind lowered demand, while lower carbon prices weighed as well.

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Oil prices were little changed on Friday, with Brent holding near $70 a barrel as firm U.S. economic data and expectations of a strong rebound in global demand in the third quarter offset concerns about more supply from Iran once sanctions are lifted.

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European spot electricity prices for Friday delivery rose on Thursday as wind power supply in Germany is expected to plummet to less than half of Thursday’s level.

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British wholesale gas prices fell on Thursday morning amid warmer weather and oversupply.

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Oil prices fell on Thursday but stayed within the tight range set this week, with optimism about the summer driving season in the United States and Europe offsetting concerns on demand in India and a potential increase in Iranian supplies.

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British wholesale gas prices rose on Wednesday morning as Norwegian imports and domestic production declined and demand from power plants rose, leaving the system undersupplied.

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Oil rose on Wednesday as worries about an increase in supplies from Iran were offset by optimism about improving U.S. fuel demand that was reinforced by a drop in weekly inventory estimates.

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British wholesale gas prices gained ground on Tuesday morning as a firmer carbon market, higher demand from power plants and competition with Asia for liquefied natural gas (LNG) shipments lent support.

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Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets.

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