Oil prices gained on Tuesday, as hopes rose for OPEC and its allies to agree deeper output cuts when they meet this week, although gains were limited, amid some analysts’ scepticism over the achievement of further reductions.

›

Prompt British wholesale gas prices fell on Monday morning as rising demand was offset by stronger supplies from liquefied natural gas (LNG) terminals and Norway.

›

European wholesale power contracts for the day-ahead rose on Monday to reflect rising demand while those for next week dropped on milder weather and the forward market’s German benchmark followed weaker carbon and coal prices.

›

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year.

›

Prompt British wholesale gas prices rose on Friday morning as cooler temperatures led to an increase in gas demand.

›

Oil prices were mixed on Friday in quiet trade with the U.S. Thanksgiving holiday limiting activity, while investors awaited a meeting of OPEC and its allies next week that may result in the extension of an output cut agreement to support the market.

›

Wholesale electricity contracts for day-ahead delivery rose in European wholesale trading on Thursday, lifted by higher demand and less nuclear availability in France, and with German wind power supply forecast to drop.

›

Most British wholesale gas prices edged lower on Thursday morning as a cold spell coming to the country on Friday is expected to be shorter and warmer than predicted earlier.

›

Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record.

›

British wholesale gas prices edged higher on Wednesday as supplies dipped slightly, leading to an undersupplied market, while lower temperatures were forecast.

›