- December 18th, 2019
UK GAS-Weakening gas demand drives prompt prices down
British wholesale gas prices fell on Wednesday morning as gas demand is expected to fall during the warmer weather. ›
British wholesale gas prices fell on Wednesday morning as gas demand is expected to fall during the warmer weather. ›
Oil prices dropped on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year kept losses in check. ›
British wholesale gas prices rose on Tuesday as the gas system was undersupplied due to lower deliveries from LNG terminals, while gas demand for power generation increased.
›
European spot electricity contracts for day-ahead delivery rose on Tuesday, buoyed by forecasts for a fall in power generation from wind turbines and delays in nuclear reactor restarts in France, and as cold weather lifted demand.
›
Oil prices climbed higher on Tuesday as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline, set to stoke oil demand in the world’s biggest economies.
›
European spot electricity prices for day-ahead delivery rose on Monday as forecasts showed an increase in German power consumption, while week-ahead contracts plunged on a mild weather outlook.
›
Prompt British wholesale gas prices rose on Monday morning as drop in supply from the country’s liquefied natural gas (LNG) terminals left the system undersupplied.
›
Oil prices on Monday slid off near three-month highs hit last week as investors searched for clarity beyond the initial impact of a trade deal between the United States and China that’s expected to boost flows between the top two global economies.
›
Prompt British wholesale gas prices fell on Friday, giving up strong gains made on Thursday as forecasts for warmer temperatures than previously expected curbed demand for gas.
›
Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand for crude.
›