- August 26th, 2021
EUROPE POWER-Spot prices tick up on lower wind supply
European wholesale spot power prices edged up on Thursday as wind supply was seen lower on Friday.
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European wholesale spot power prices edged up on Thursday as wind supply was seen lower on Friday.
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Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as production returned in Mexico.
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British wholesale gas prices rose on Wednesday morning on a German court ruling that the Nord Stream 2 (NS2) link with Russia must comply with EU rules requiring the owners of pipelines to be different from the suppliers of the gas that flows through them.
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European wholesale spot power prices rose on Wednesday on a expected drop in solar power supply throughout the region and rising demand in France.
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Oil prices nudged lower on Wednesday, taking a breather after a strong rally this week spurred by the loss of a quarter of Mexico’s production and signs that China, the world’s biggest importer, has curbed a recent coronavirus outbreak.
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European wholesale spot power prices fell on Tuesday as renewable supply was seen rising in Germany.
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British and European gas prices rose on Tuesday morning amid continued uncertainty around the Nord Stream 2 (NS2) pipeline startup and low liquefied natural gas supply.
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Oil prices rose on Tuesday after the U.S. drug regulator granted full approval to the Pfizer Inc/BioNTech SE COVID-19 vaccine, stoking investor hopes that higher fuel demand would follow a potential rise in U.S. coronavirus vaccination rates.
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European wholesale spot power prices rose on Monday, lifted by a forecast drop in German wind power supply and expected higher demand in both France and Germany.
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Oil prices rose on Monday, recovering from a seven-day losing streak with support from a weakerdollar, although concern about surging cases of the Delta coronavirus variant led to cautious trading.
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