Oil prices were mixed on Tuesday, pressured by concerns that the escalating Sino-U.S. trade dispute could slow the global economy, while U.S. sanctions on crude exporters Iran and Venezuela helped keep the market on edge.

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British wholesale gas prices were mixed on Friday with an increase in Norwegian imports pushing the prompt lower, while prices for next week were higher due to lower temperatures.

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Oil prices dipped on Friday, paving the way for a weekly decline as surging U.S. output was expected to start hitting global markets soon.

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British wholesale gas prices rose on Thursday morning due to undersupply caused by lower volumes through the Langeled pipeline from Norway and expectations of colder weather. ›

Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.

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British wholesale gas prices fell on Wednesday morning as a ramp up in imports from Norway contributed to an oversupplied system.

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Oil prices dipped on Wednesday after a report showed a rise in available U.S. crude inventories, but the market remained tense amid an intensifying political crisis in Venezuela, tightening U.S. sanctions on Iran and continuing OPEC supply cuts.

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British wholesale gas prices were mixed on Tuesday, with the day-ahead contract boosted by the planned return of the IUK pipeline between continental Europe and Britain the next day, while other contracts declined on weaker carbon emission prices.

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Oil prices on Tuesday reversed earlier losses after Saudi Arabia said a deal between producers to withhold output that has been in place since January could be extended beyond June to cover all of 2019.

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British wholesale gas prices rose on Monday as colder-than- expected weather and low wind power generation increased demand from gas-fired power plants.

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