British gas prices fell on Tuesday morning, paring the past week’s gains as some supply risks diminished, but uncertainty on energy markets kept traders on tenterhooks.

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Oil dropped on Tuesday although the market remains on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that cut the kingdom’s output in half and sent prices soaring by the most in decades.

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Oil price increases after a weekend attack on a Saudi oil facility drove European electricity forwards up on Monday with the German curve benchmark hitting a six-week high.

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British day-ahead prompt gas prices rose on colder weather and stronger oil prices after a weekend attack at a Saudi Aramco facility, while within-day traded lower on Monday.

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Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut over 5% of global supply.

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British wholesale gas prices rose on Friday morning, supported by an increase in gas-for-power demand and uncertainty around Opal pipeline flows and French nuclear reactors.

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Oil futures fell on Friday as concerns about global growth and slowing demand lingered despite hints of progress on U.S.-China trade talks, setting up prices for weekly losses after days of swinging back and forth.

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British wholesale gas prices mostly rose on Thursday as uncertainty over the impact of a cut in flows through the Opal pipeline and French nuclear plant issues dominated the market.

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Oil prices rose on Thursday, recouping some of the heavy losses in the previous session, on signs of easing trade tensions between Washington and Beijing and a fall in U.S. crude stockpiles to their lowest in nearly a year.

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European forward electricity prices extended gains in wholesale trade on Wednesday, keeping momentum from the previous session, while day-ahead prices were lifted by a forecast fall in renewables generation and French nuclear power supply.

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