British wholesale gas prices mostly fell on Wednesday morning, with prompt prices remaining close to 22-month lows due to oversupply.

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Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories.

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British wholesale gas prices fell on Monday, the first trading day of the summer gas season, as mild temperatures and robust gas imports oversupplied the system.

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Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.

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European baseload electricity contracts for year-ahead delivery dipped on Friday, tracking a fall in carbon emission permits and gas prices, while spot power prices for early next week delivery fell on the expectation of lower consumption.

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British wholesale gas prices fell on Friday morning before the start of the summer gas season next week, amid oversupply and mild temperatures. ›

Oil prices rose on Friday amid the ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009.

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British wholesale gas prices declined on Thursday morning due to a slightly higher temperature forecast for this weekend and next week and a healthy liquefied natural gas supply outlook.

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Oil prices dropped on Thursday, extending losses into a second consecutive session, following a surprise build in U.S. crude inventories.

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British wholesale gas prices rose on Wednesday as low power generation from wind turbines created a supply deficit, increasing demand, traders said. ›