- October 4th, 2018
UK GAS-Prices fall on healthy supply, lower demand
British wholesale gas prices continued to decline on Thursday morning due to healthy supply and low demand due to warmer-than- average temperatures. ›
British wholesale gas prices continued to decline on Thursday morning due to healthy supply and low demand due to warmer-than- average temperatures. ›
Oil prices on Thursday slipped from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. ›
European spot electricity prices for day-ahead delivery rose on Wednesday, lifted by forecasts showing a sharp fall in German wind power production and low nuclear availability in France, while demand is set to return in Germany after a holiday. ›
British wholesale gas prices mostly fell on Wednesday due to forecasts for warmer temperatures and despite an undersupplied market. ›
Oil prices edged up on Wednesday on expectations of tighter markets once U.S. sanctions target Iran’s petroleum industry from next month, although a strong dollar and rising U.S. crude supply curbed gains. ›
British prompt gas prices edged higher on Tuesday pulled up by higher Dutch gas and European coal contracts as a jump in flows from Norway receded. ›
U.S. oil prices hit their highest level since November 2014 on Tuesday and Brent crude was also near a four-year peak reached the previous day, with markets preparing for tighter supply once U.S. sanctions against Iran kick in next month. ›
European spot electricity prices for day-ahead delivery diverged on Monday as German wind power generation was forecast to rise while the French position was supported by an expected increase in demand and low wind and nuclear power availability. ›
British prompt gas prices fell on Monday as supplies from Norway increased to more than twice Friday’s level, leaving the system oversupplied. ›
Brent crude oil prices rose to their highest since November 2014 on Monday ahead of U.S. sanctions against Iran, the third-largest producer in the Organisation of the Petroleum Exporting Countries (OPEC), that kick in next month. ›