- February 18th, 2019
UK GAS-Prices rise as North Sea outage reduces supply
British wholesale gas prices rose on Monday after an unplanned outage reduced supplies from the North Sea in an otherwise stable market. ›
British wholesale gas prices rose on Monday after an unplanned outage reduced supplies from the North Sea in an otherwise stable market. ›
Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, U.S. sanctions on Iran and Venezuela, and hopes that the Sino-U.S. trade dispute may soon end. ›
British wholesale gas prices fell on Friday morning as expectations of milder weather for the rest of February curbed demand. ›
Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors. ›
European spot wholesale power sagged on Thursday as high temperatures curbed consumption while firmer fuels and carbon prices prompted a rebound along the forward curve. ›
British wholesale gas prices were slightly higher on Thursday morning, even though there is stable supply and reduced demand. ›
Oil prices rose by around 1 percent on Thursday, with Brent crude futures hitting a 2019-high, buoyed by hopes that the Sino-U.S. tariff dispute could end soon and as China’s trade figures including crude imports beat forecasts. ›
Prompt wholesale British gas prices edged lower on Wednesday morning due to reduced demand and oversupply. ›
Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, while U.S. futures gained on a decline in domestic oil inventories. ›
British wholesale gas prices fell on Tuesday as lower consumption due to warmer weather offset a reduction of flows into the United Kingdom from the Netherlands and Norway. ›