British wholesale gas prices rose on Tuesday morning due to an unplanned outage at a gas field and lower wind output than the previous day.

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Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will take stimulus measures to ward off a potential economic slowdown that could hit oil demand.

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British prompt prices were mixed on Monday morning, with the within-day falling due to an oversupplied system and the day-ahead higher on forecasts for weaker wind output.

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Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease.

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British gas prices rose in early trade on Friday supported by upcoming maintenance in Norway.

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Crude oil prices rose more than 1% on Friday following two days of declines, buoyed after data showing an increase in retail sales in the United States helped dampen concerns about a recession in the world’s biggest economy.

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Oil prices steadied on Thursday, following sharp overnight losses as U.S. crude inventories unexpectedly rose, fears of recession mounted and economic data out of China and Europe disappointed. ›

British prompt gas prices fell on Thursday as strong power output from wind turbines reduced demand for electricity from gas-fired stations, while the system was balanced. ›

Demand falls related to a holiday in parts of the region on Thursday weighed on European spot power prices in Wednesday wholesale market trading, while a near trebling of day-on-day wind power supply in Germany added to the pressure.

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British wholesale gas prices fell across the board on Wednesday, pressured by oversupply coupled with low with summer demand levels, which broke the market’s week-long growth trend.

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