Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously bring back oil supply to the markets in June and July while expecting a robust recovery in demand in the United States and China, the world’s two biggest oil consumers. ›

Oil prices rose on Tuesday, with Brent topping $70 and trading at its highest since March, as optimism grew over the fuel demand outlook during the summer driving season of the United States, the world’s top oil consumer. ›

British wholesale gas prices rose on Tuesday morning, correcting losses on Friday, in spite of lower demand and oversupply. ›

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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