Oil prices rose for a second session on Thursday, recovering from earlier losses as a decline in U.S. Gulf of Mexico output following damages from Hurricane Ida underpinned the market.

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European wholesale spot power prices gained on Wednesday on a forecast drop in solar supply throughout the region. ›

British prompt wholesale gas prices rose on Wednesday as heavy maintenance among Norwegian producers curbed supplies and low wind speeds lifted demand from power plants to replace output from turbines.

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Oil prices climbed on Wednesday, recouping some overnight losses from a stronger dollar and demand concerns, with a slow production restart in the U.S. Gulf of Mexico and resumption of refining activities providing support.

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British wholesale gas prices fell on Tuesday, as warm weather and forecasts for stronger wind in coming days kept the system oversupplied.

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European wholesale spot power prices dipped on Tuesday as wind and solar supply were seen rising in Germany.

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Oil prices were mixed on Tuesday as some investors scooped up bargains following recent losses, while Saudi Arabia’s sharp cuts in crude contract prices for Asia sparked fears over slower demand and weighed on sentiment.

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The European power futures benchmark at Monday noon was just below an earlier price record, driven by bullish related fuels and carbon, while spot power also had a bull run on negligible wind supply and rising demand.

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Oil prices were mixed on Friday after a strong rise in the previous session on a weaker dollar and a fall in U.S. crude stocks and were set for modest weekly gains ahead of a highly anticipated U.S. monthly jobs report. ›

Oil prices fell on Thursday after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many U.S. refiners, a key source of crude demand, remained offline. ›