British wholesale gas prices fell on Friday morning as higher liquefied natural gas (LNG) send-out and Norwegian flows created an oversupplied market.

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Oil prices rose by more than $2 on Friday, building on gains in the previous session after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia.

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Prompt British wholesale gas prices rose on Thursday as cooler weather boosted demand leaving the system undersupplied. ›

Oil prices rose nearly 10% on Thursday after a three-day selloff drove them to their lowest levels in almost two decades as demand plummeted due to the coronavirus and supplies surged in a fight for market share between Russia and Saudi Arabia.

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European baseload power prices for year-ahead delivery hit near two-year lows in wholesale trade on Wednesday, tracking the fall in leading oil, coal and carbon emissions contracts. ›

Oil prices fell for a third session on Wednesday to be down about 17% so far this week as the outlook for fuel demand darkened amid travel and social lockdowns triggered by the coronavirus epidemic.

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European spot electricity prices fell on Tuesday as demand eased due to the coronavirus crisis, which is keeping workers at home and seeing industries close, and as thermal and renewable power supply increased.

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Oil rose more than $1 on Tuesday as bargain hunters emerged after recent sharp falls due to the coronavirus pandemic and the price war between Saudi Arabia and Russia, but fears of a recession still dragged on the market.

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European wholesale gas prices fell on Monday morning due to lower demand and in line with the wider energy complex, as markets plunged due to the spread of the novel coronavirus.

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Oil fell on Monday as an emergency rate cut by the U.S. Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top producers added to a growing supply glut.

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