British wholesale gas prices were mostly higher on Monday morning in anticipation of maintenance at a field in Norway and an extension to an ongoing outage.

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Crude prices edged higher on Monday, supported by last week’s better-than-expected U.S. jobs data and geopolitical risks, but worries that a slower global economy will curb appetite for oil kept a lid on prices.

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European wholesale power prices for Monday were mixed in the Friday session of the over-the-counter market amid tight supply and falling demand projections.

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British wholesale gas prices fell on Friday as increased supplies from Norway, following increased output from the Troll field which has been undergoing annual maintenance, led to an oversupplied market.

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Crude oil prices fell on Friday as concerns over the outlook for global economic growth outweighed elevated tensions in the Middle East that could disrupt supply routes and send prices higher.

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European prompt power prices rose in the wholesale market on Thursday on tighter supply in the region which overrode the effects of lower demand ahead of the weekend and beyond.

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Prompt British wholesale gas prices were lower on Thursday morning due to higher wind generation and as some Norwegian outages ended. ›

Oil prices fell more than 0.5% on Thursday, weighed down by data showing a smaller-than-expected decline in U.S. crude stockpiles and worries about the global economy. ›

British wholesale gas prices rose on Wednesday morning, lifted by undersupply as several outages in Norway curbed exports from the country.

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Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand.

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