British wholesale gas prices rose on the back of reduced power generation in France due to a workers strike.

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Oil prices edged up on Thursday, buoyed by a COVID-19 vaccine rollout in Britain and the imminent approval of a vaccine in the United States that could spur a rebound in fuel demand, while a large build in U.S. crude stocks last week held gains in check.

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British prompt wholesale gas prices edged up on Wednesday morning  as imports throught the BBL pipeline fell and amid concerns about a looming strike at EDF’s French power plants.

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Oil prices inched higher on Wednesday, paring earlier losses, as positive news on COVID-19 vaccines lifted investor hopes for a recovery in fuel demand, outweighing concerns over an unexpected jump in U.S. oil inventories last week.

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British wholesale gas prices on Wednesday were slightly higher, after losses in earlier trade, even though there was an oversupplied system and forecasts of milder weather.

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Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus cases continued to surge in the United States and Europe.

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British wholesale gas prices fell on Monday in an oversupplied market and with forecasts showing a gradual return to normal seasonal temperatures after the current cold snap.

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Oil prices slipped on Monday as the positive impact from COVID-19 vaccines and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between the United States and China.

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British wholesale gas prices rose on Friday morning as dip in temperatures boosted demand and left the market undersupplied.

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British prompt wholesale gas prices fell on Thursday morning as higher wind output was expected to lead to lower gas-for-power demand and liquefied natural gas (LNG) send-out rose.

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