- September 4th, 2019
UK GAS-Prices rise ahead of Norwegian maintenance
British wholesale gas prices mostly rose on Wednesday morning on expectations of lower supply from Norway due to upcoming maintenance.
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British wholesale gas prices mostly rose on Wednesday morning on expectations of lower supply from Norway due to upcoming maintenance.
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Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, having touched their lowest in close to a month during the previous session on fears over the weakening global economy.
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British wholesale gas prices mostly fell on Tuesday morning as strong output from the country’s wind farms curbed gas demand and weaker oil prices weighed on the curve.
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Oil prices fell on Tuesday as the ongoing U.S.-China trade war cast a pall over markets, with soft South Korean data adding to concerns over emerging markets and a rise in OPEC output.
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British wholesale gas prices plunged on Monday morning due to strong oversupply caused by a supply jump and lower-than-expected demand.
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Oil prices weakened on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude.
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British wholesale gas prices were mostly lower on Friday morning as expectations of high output from the country’s wind farms curbed demand for gas, leaving the system oversupplied. ›
The German spot electricity price for delivery early next week fell in wholesale trade on Friday as forecasts showed a drop in demand, while power generation from wind and nuclear sources is seen rising. ›
Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric. ›
The British day-ahead gas price fell on Thursday morning as low demand and strong power output from wind turbines offset a sharp reduction in piped gas supplies from Norway. ›