British gas prices rallied on Tuesday, extending the previous session’s gains as more unplanned outages affected Norwegian production.

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Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of a slowdown in the global economy.

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British prompt gas prices rose on Monday as an unexpected outage at Norway’s Nyhamna gas processing plant added to other field maintenance in the Nordic country, cutting piped flows further and reducing supply availability. ›

Oil prices rose more than $1 a barrel on Monday, with OPEC and its allies on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week. ›

Oil prices eased on Friday as traders awaited any update on the Sino-U.S. trade war from a scheduled weekend meeting of the two countries’ presidents at the G20, and eyed next week’s OPEC gathering. ›

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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