- August 7th, 2019
UK GAS-Prices rise as increased IUK exports help lessen oversupply
British wholesale gas prices rose on Wednesday, partly correcting the previous day’s losses, as exports through the InterconnectorUK to Europe increased. ›
British wholesale gas prices rose on Wednesday, partly correcting the previous day’s losses, as exports through the InterconnectorUK to Europe increased. ›
Oil prices slipped further on Wednesday, extending recent heavy losses as deepening Sino-U.S. trade tensions weighed on the outlook for the global economy and energy demand. ›
British wholesale natural gas prices fell on Tuesday as weak demand and a slight increase in production led to an oversupplied market with storage unable to take much more gas. ›
Oil prices rose 1% on Tuesday as traders betting on falling prices bought back contracts to lock in profits after declines over the last three sessions due to escalating trade tensions between China and the United States. ›
German prompt electricity prices dropped on Monday on forecasts of resuming wind power supply, while in France they rose on higher demand forecasts but were still at a discount to Germany. ›
British wholesale natural gas prices fell on Monday as some domestic fields started to ramp up after maintenance. ›
Oil prices fell on Monday amid renewed global economic growth concerns after U.S. President Donald Trump vowed to escalate the trade war with China with more tariffs, which would likely limit fuel demand in the world’s two biggest crude consumers. ›
Germany’s prompt electricity price for early next week delivery posted gains in wholesale trade on Friday on the back of a forecast for lower wind and solar power generation.
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Oil prices rose around 2% on Friday, regaining ground after their biggest falls in years on U.S. President Donald Trump’s vow to impose more tariffs on Chinese imports.
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British wholesale gas prices fell on Friday, partly a correction of the previous day’s gains, while an increase in Norwegian pipeline flows contributed to oversupply in the system, traders said.
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