- January 4th, 2021
UK GAS-Prompt prices rise to two-year highs
British prompt wholesale gas prices rose to rose to two-year highs on Monday morning as colder temperatures drove up heating demand and as liquefied natural gas supply was low. ›
British prompt wholesale gas prices rose to rose to two-year highs on Monday morning as colder temperatures drove up heating demand and as liquefied natural gas supply was low. ›
Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pandemic keeps worries about first-half demand elevated. ›
The December 2020 edition of the Energy Services newsletter is now available! ›
Oil prices dropped on Wednesday after an industry report showed an unexpected rise in U.S. crude oil inventories, and as President Donald Trump rattled markets by threatening not to sign a long-awaited U.S. COVID-19 relief bill. ›
British wholesale gas prices rose on Tuesday morning, lifted by forecasts for colder weather from tomorrow and lower liquefied natural gas send-out. ›
Oil prices dropped nearly 2% on Tuesday, adding to steep losses from the previous session, as a new strain of the novel coronavirus in the United Kingdom triggered concerns over fuel demand recovery. ›
British wholesale gas prices rose on Monday morning due to an expected rise in gas demand from power plants amid lower wind output and colder weather forecasts. ›
Oil prices tumbled by $2 on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand. ›
Oil prices slid from nine-month highs on Friday, with soaring COVID-19 cases seen as a threat to near-term fuel demand and a strengthening of the U.S. dollar also having a negative impact.
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Oil climbed to a nine-month high on Thursday after government data showed a fall in U.S. crude stockpiles last week, while progress towards a U.S. fiscal stimulus deal and strong Asian demand also buoyed prices.
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