Oil rose on Wednesday as worries about an increase in supplies from Iran were offset by optimism about improving U.S. fuel demand that was reinforced by a drop in weekly inventory estimates.
›
British wholesale gas prices gained ground on Tuesday morning as a firmer carbon market, higher demand from power plants and competition with Asia for liquefied natural gas (LNG) shipments lent support.
›
Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets.
›
British wholesale gas prices fell on Monday morning as warmer weather was forecast for the rest of the month and as Langeled flows ramped up.
›
Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remains intact even with increased Iran exports.
›
Oil prices nudged up on Friday, recovering from three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress on talks to revive a 2015 nuclear deal.
›
British wholesale gas prices were mostly higher on Thursday morning, correcting the previous day’s falls, amid lower flows from Norway and colder-than-normal weather.
›
Oil prices steadied on Thursday after a two-day slump, reflecting the world’s mixed economic recovery from the pandemic, with U.S. demand expected to keep rising, while a second coronavirus wave raging in India has led to more curbs on movement.
›
British wholesale gas prices fell on Wednesday morning as forecasts of strong output from the country’s wind farms curbed demand for gas from power stations.
›
Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears rising inflation might lead the U.S. Federal Reserve to raise interest rates, which could limit economic growth.
›
