British wholesale gas prices fell on Monday morning after steep gains last week and as flows from Norway were re-routed to Britain from continental Europe.

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Oil prices drifted lower on Monday after the recovery of a major U.S. pipeline network eased concerns over supply, though fresh restrictions in Asia sparked by surging COVID-19 cases weighed on sentiment.

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British and Dutch gas prices mostly rose on Friday morning as forecasts for cooler than normal temperatures for May combined with low European gas stocks to lift most contracts.

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Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil consumer India and as a key fuel pipeline in the United States resumed operations after being shut due to a cyber attack.

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British wholesale gas prices fell on Thursday morning as European Union carbon prices retreated from record levels and on a balanced system.

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Oil prices fell 1% on Thursday as India’s coronavirus crisis deepened, halting a rally that had lifted crude to an eight-week high after the IEA and OPEC forecast a rebound in global demand.

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Oil prices rose on Wednesday after a drop in U.S. crude inventories reinforced OPEC’s robust demand outlook, while the market awaited fresh updates on the Colonial Pipeline outage.

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Falling power demand pushed European spot prices down on Tuesday and lower carbon and fuels costs curbed forwards after a session of record highs.

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British wholesale gas prices eased on Tuesday morning in a correction from gains seen the previous day, but overall bullish support factors remain in place.

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Oil prices fell on Tuesday as the prospect of the main U.S. East Coast gasoline pipeline remaining shut for the rest of this week led some U.S. Gulf Coast refiners to cut output, denting their appetite for crude.

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