- December 7th, 2018
UK GAS-Prompt up on colder weather forecasts
British gas for next-day delivery edged up on Friday morning due to expectations of colder weather over the weekend and next week.
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British gas for next-day delivery edged up on Friday morning due to expectations of colder weather over the weekend and next week.
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Oil extended losses near $51 a barrel after OPEC ended talks without a deal on production curbs as its ally Russia refused to commit to the big output cut that Saudi Arabia demanded.
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British wholesale gas prices fell on Thursday, despite an undersupplied market, following a drop in European benchmark carbon prices and still high storage inventories. ›
U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end. ›
British wholesale gas prices mostly fell on Wednesday morning as forecasts for higher output from the country’s wind farms and higher temperatures curbed demand. ›
European spot electricity prices for day-ahead delivery and week-ahead contracts tumbled on Wednesday as forecasts showed increased wind power generation and reduced power consumption due to mild weather. ›
Oil fell on Wednesday as a swelling supply glut and signs of an economic slowdown weighed on crude prices a day ahead of an OPEC meeting at which the producer club is expected to decide supply cuts. ›
British wholesale gas prices fell on Tuesday as a sharp increase in flows from Norway created a supply surplus, and as forecasts pointed to a slight increase in temperatures in coming days. ›
Oil prices rose by more than 1 percent on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output. ›
Prompt power prices in the European wholesale market rose strongly on Monday as forecasts came in for colder weather and lower German wind production volumes, with nuclear availability in France unchanged. ›