European wholesale spot power prices fell on Wednesday on a forecast rise in wind supply throughout the region, while demand is seen down in both Germany and France.

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U.S. oil prices fell for a third day on Wednesday while Brent futures were largely unchanged on mounting concerns that the increasing spread of the Delta variant of the coronavirus in top consuming countries will cut fuel demand.

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European wholesale spot power prices diverged on Tuesday with the German price up on lower wind power and the French price down as nuclear availability stayed flat.

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British wholesale gas prices declined on Tuesday morning as flows increased from Norway and prices corrected after gains on Monday.

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Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory activity in key markets weighed on sentiment.

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European wholesale spot power prices jumped on Monday on a forecast drop in wind supply throughout the region.

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British wholesale gas prices rose on Monday morning as forecasts for low output from the country’s wind farms led to increased demand for power from gas-fired plants while both domestic supply and imports from Norway fell.

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Oil prices fell on Monday on worries over China’s economy after a survey showed growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC producers.

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British wholesale gas prices were mostly down on Friday morning as prices corrected gains over the past week and Norwegian imports increased. ›

Oil prices fell on Friday but remained on track to post steep weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the impact of a resurgence in COVID-19 infections across the globe. ›