The British within-day gas price was lifted by an undersupplied system on Monday morning, while other contracts fell under pressure from continued weak demand.

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Crude oil benchmarks fell sharply on Monday, with Brent hitting its lowest since November 2002, as fears grew over the coronavirus pandemic eroding demand and the Saudi Arabia-Russia price war threatened to overload the market.

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European baseload spot power prices for early next week delivery fell in wholesale trade on Friday as forecasts showed a drop in French demand, while electricity generation from French wind turbines will rise.

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British wholesale gas prices fell on Friday morning as supplies from Norway rose, while gas demand for power generation was forecast lower due to higher wind power output.

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Oil prices were mixed on Friday as governments took unprecedented steps to limit the economic fallout from the coronavirus pandemic.

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European spot electricity prices for the day-ahead delivery rose in wholesale trade on Thursday in response to forecasts for a fall in wind power generation, while the German year-ahead extended its slide due to lower carbon emissions, coal and oil prices.

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British wholesale gas prices declined on Thursday morning due to higher liquefied natural gas (LNG) send-out and expectations of stronger wind output.

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Oil prices were mixed on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity.

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Spot electricity prices for the day-ahead fell on Wednesday in the European wholesale market on bearish fundamentals, but forward prices gained for the second day after a slump on Monday that was triggered by the coronavirus crisis. ›

British wholesale gas for day-ahead delivery was up on Wednesday morning on expectations of colder weather and lower wind output, while other contracts dipped slightly.

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