- January 16th, 2019
UK GAS-Prices rise on expectations of colder weather
British wholesale gas and power prices rose on Wednesday morning due expectations of a cold snap for the rest of this month.
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British wholesale gas and power prices rose on Wednesday morning due expectations of a cold snap for the rest of this month.
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Oil prices firmed on Wednesday after climbing about 3 percent in the previous session as expectations that OPEC-led supply cuts will tighten markets despite signs of a global economic slowdown. ›
British wholesale gas prices rose on Tuesday as colder weather was expected later this week, although the system was well supplied. ›
Oil prices rose by around 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand. ›
Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a slowdown in fuel demand.
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British wholesale gas prices were mostly lower on Monday morning as strong supply and forecasts for high wind power output left the system oversupplied.
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British wholesale gas prices rose on Friday due to colder long-term weather forecasts than previously. ›
Oil prices rose 1 percent on Friday, on track for solid weekly gains after financial markets strengthened due to hopes the United States and China may soon resolve their trade dispute. ›
British wholesale prompt gas prices fell on Thursday morning due to an oversupplied system and forecasts for warmer temperatures. ›
Oil prices fell by more than 1 percent on Thursday on swelling U.S. supply and amid caution after talks between the United States and China finished without any concrete details on a resolution to their trade disputes. ›