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.

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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.

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

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Oil prices rose on Tuesday after news that U.S. and Chinese officials discussed trade, while predictions for a weekly draw on U.S. crude stockpiles lent some support as well.

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British wholesale gas prices dropped on Tuesday morning due to strong domestic production, a rise in Norwegian flows and a flurry of liquefied natural gas (LNG) cargo arrivals.

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Oil prices slipped on Tuesday on concerns about economic growth and fuel demand as uncertainty remains about the ability of the United States and China, the world’s biggest oil users, to agree a preliminary deal to end their trade war.

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European wholesale power trading markets on Monday saw prices for delivery next week rise sharply on an anticipated decline in temperatures that will boost French demand and draw on imports from elsewhere.

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British wholesale gas prices were mixed on Monday as weather conditions, which have been mild leading to an oversupplied market, are expected to deteriorate later in the week.

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Oil prices rose on Monday as positive noises from Washington over the weekend rekindled hopes in global markets that the United States and China could soon sign an interim deal to end their bitter trade war.

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British wholesale gas prices rose on Thursday morning as supplies from the country’s liquefied natural gas (LNG) terminals fell, leaving the market undersupplied.

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