- November 16th, 2018
UK GAS-Day-ahead price up as demand forecast jumps with colder weather
British wholesale day-ahead gas prices rose on Friday as forecasts for colder weather lifted demand expectations. ›
British wholesale day-ahead gas prices rose on Friday as forecasts for colder weather lifted demand expectations. ›
British wholesale gas prices rose on Thursday due to forecasts for lower temperatures in the coming days and a decline in power produced from wind turbines, which helped stretch the system’s supply-demand balance. ›
Oil prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concerns that a supply glut may emerge amid a glum economic outlook. ›
British wholesale gas prices mostly fell on Wednesday as warmer temperatures led to an oversupplied system. ›
Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy. ›
European spot electricity contracts for day-ahead delivery diverged on Tuesday as a forecast drop in wind power generation supported the German position, while the French prompt price slipped on lower demand. ›
British wholesale gas prices mostly fell on Tuesday morning as forecasts for high output from the country’s wind farms and expectations of fresh deliveries of liquefied natural gas (LNG) weighed on the market. ›
Oil prices fell by around 1 percent on Tuesday, with Brent crude slipping below $70 per barrel and WTI below $60, after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market. ›
British wholesale gas prices climbed on Monday morning in anticipation of colder weather and less wind power output next week. ›
Oil prices jumped more than 1.5 percent on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading into 2019. ›