British wholesale gas prices fell on Wednesday as easing demand helped balance the system after days of supply deficits.

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Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and potential economic stimulus from the European Central Bank (ECB).

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The British wholesale day-ahead gas price rose on Tuesday due to an undersupplied system.

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Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the U.S.-China trade war, although losses were limited by tensions in the Middle East after last week’s tanker attacks.

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Key British wholesale gas prices fell on Monday morning but the price for gas for immediate delivery rose due to undersupply.

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Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks on tankers last week.

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The British wholesale day-ahead gas price fell on Friday, as anticipated warmer weather and far lower residential demand helped widen its discount to the within-day price.

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Brent crude on Friday extended sharp gains from the previous day following attacks on two oil tankers in the Gulf of Oman that stoked concerns of reduced crude flows of the commodity through one of the world’s key shipping routes.

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British wholesale gas prices rose on Thursday morning, with prices lifted by an under-supplied market and strong gains in oil following a suspected attack on two tankers in the Gulf of Oman near Iran.

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Oil prices surged on Thursday after a unit of the United Kingdom’s Royal Navy said it was aware of an incident involving a tanker in the Gulf of Oman near the Iranian coast.

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