- June 3rd, 2021
UK GAS-Prices rise amid maintenance outages, spec buying
British wholesale gas prices rose on Thursday morning, even though the system was well-supplied, amid maintenance outages and speculative buying. ›
British wholesale gas prices rose on Thursday morning, even though the system was well-supplied, amid maintenance outages and speculative buying. ›
Oil prices rose for a third day on Thursday on expectations of a surge in fuel demand later this year, particularly in the United States and Europe and China, at the same time major producers are maintaining supply discipline. ›
British wholesale gas prices were mixed on Wednesday morning, with the day-ahead rising on lower wind forecasts but other contracts weakening as warm weather curbed demand and carbon prices fell. ›
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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