British wholesale gas prices fell on Friday morning as ample supply, high storage levels and low demand weighed on the market. ›

European prompt power prices for day-ahead delivery soared on Thursday, buoyed by forecasts showing a sharp plunge in German wind electricity generation while consumption is expected to dip on Friday due to the weekend effect.

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British wholesale gas prices fell on Thursday, despite a small level of undersupply, as the month draws to an end prompting some profit taking with fundamentals broadly bearish.

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Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown in crude stocks as exports hit a record high, and surprise drops in refined product stockpiles.

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British wholesale gas prices fell on Wednesday due to a drop in demand for power generation from gas turbines and as storage levels are high.

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Oil prices rose more than 1% on Wednesday to their highest in nearly a month as industry data showed U.S. crude stockpiles fell more than expected, underpinning a market already buoyed by worries over a potential U.S.-Iran conflict.

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British wholesale gas prices dropped on Tuesday due to continued high storage levels and supply. ›

Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East.

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British wholesale gas prices mostly rose on Monday due to slight undersupply in the market and higher demand from power plants on expectations of a dip in wind power.

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Oil prices rose on Monday to extend gains from last week, bolstered as tensions remain high between Iran and the United States after U.S. Secretary of State Mike Pompeo said “significant” sanctions would be announced on Tehran.

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