Falling power demand pushed European spot prices down on Tuesday and lower carbon and fuels costs curbed forwards after a session of record highs.

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British wholesale gas prices eased on Tuesday morning in a correction from gains seen the previous day, but overall bullish support factors remain in place.

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Oil prices fell on Tuesday as the prospect of the main U.S. East Coast gasoline pipeline remaining shut for the rest of this week led some U.S. Gulf Coast refiners to cut output, denting their appetite for crude.

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British wholesale gas prices rose on Monday morning due to increased demand from power plants and lower imports.

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Crude prices rose on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in the United States and highlighted the fragility of its oil infrastructure.

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British wholesale gas prices fell on Friday morning after rising all of this week, with temperatures forecast to go up from tomorrow.

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Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging COVID-19 pandemic in India capped prices. ›

European power curve prices on Thursday set new multi-year highs, driven by firmer fuels and carbon emission prices, and looming tighter climate regulations Germany.

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British wholesale gas prices rose on Thursday morning as lower imports and strong demand left the market undersupplied.

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Oil prices edged higher on Thursday, recouping early losses, as crude stockpiles in the United States, the world’s largest oil consumer, fell more sharply than expected as refining output rose and exports surged.

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