European spot electricity prices for day-ahead delivery soared on Monday, buoyed by forecasts showing a sharp drop in electricity generation from wind turbines, while demand is expected to rise due to cold weather.

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Prompt British wholesale gas prices rose on Monday morning supported by an strongly undersupplied gas system.

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Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war.

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Prompt British wholesale gas prices fell on Friday morning, as a rise in temperature curbed demand for gas, leaving the system oversupplied. ›

Asian spot prices for liquefied natural gas (LNG) dropped for a second consecutive week as supply flooded the market, overshadowing demand subdued by a winter that has been milder than average. ›

Oil edged lower on Friday as investors awaited a meeting of OPEC and its allies later in the day which is expected to formally agree to more output curbs in early 2020. ›

European wholesale power contracts for the day-ahead and the coming week fell on Thursday due to weakening demand and an influx of big German wind power supply volumes, while forward curve prices sagged tracking a fall in carbon.

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Prompt British wholesale gas prices fell on Thursday as rising temperatures reduced demand, leaving the UK system oversupplied.

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Oil prices edged lower on Thursday ahead of a key OPEC meeting where members are expected to weigh deeper output cuts in an effort to prop up prices and prevent a glut next year.

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Prompt British wholesale gas prices fell sharply on Wednesday morning, with the UK gas system oversupplied and rising temperatures expected to reduce demand.

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