- July 23rd, 2018
UK GAS-Prices rise amid reduced supply due to Total strike
British wholesale gas prices rose on Monday morning as a strike on some of Total’s North Sea oil and gas platforms began, reducing supply, and as wind output remained low. ›
British wholesale gas prices rose on Monday morning as a strike on some of Total’s North Sea oil and gas platforms began, reducing supply, and as wind output remained low. ›
European spot electricity prices for early next week were little changed on Friday as sustained low volumes for renewables balanced against higher thermal availability. ›
British prompt gas prices fell slightly on Friday on expectations for higher temperatures in the days coming and as increased flows from Norway created an oversupplied system. ›
Crude prices rose on Friday, but were still set for a weekly drop on concerns about oversupply and the ongoing trade conflict between the United States and China, the world’s two biggest oil users. ›
European spot electricity prices for day-ahead delivery rose on Thursday on the back of forecasts showing a dip in German wind power generation and reduced nuclear supply in France, while the forward curve added gains, tracking carbon and coal prices. ›
British wholesale gas contracts edged down on Thursday in an oversupplied market but the falls were cushioned by an outage at a Norwegian field and the prices were still high for this time of the year. ›
Oil prices fell on Thursday after official data showed an unexpected rise in U.S. crude stockpiles, U.S. output hit a record high and major oil exporters increased production. ›
British wholesale gas prices rose on Wednesday driven by outages in Norway which have reduced supply and higher demand from mainland Europe following the shutdown of Russia’s Nord Stream gas export pipeline to Germany. ›
A forecast fall in wind power generation in Germany and an expected rise in power demand in France lifted European spot electricity contracts for day-ahead delivery in the wholesale market on Wednesday. ›
Oil prices fell on Wednesday on news of a rise in U.S. crude inventories last week, defying analyst expectations for a big fall, while concerns about weak demand growth also resurfaced. ›