- July 12th, 2018
Oil rallies as IEA warns of output capacity limits
Oil prices rallied on Thursday, recouping some ground following sharp losses the previous session after Libya said it would resume oil exports. ›
Oil prices rallied on Thursday, recouping some ground following sharp losses the previous session after Libya said it would resume oil exports. ›
European prompt power prices fell on Wednesday amid pressure from rising solar production and with consumption unchanged, while week-ahead prices gained due to a sustained downturn in wind power. ›
Oil prices fell on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China, deepening a trade dispute that could depress energy demand.
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British wholesale gas prices fell on Wednesday in an oversupplied market with healthy Norwegian and domestic flows and low demand as temperate weather conditions continue.
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British wholesale gas prices mostly rose on Tuesday morning due to reduced flows from Norway and low wind output. ›
Oil prices rose on Tuesday on escalating concerns over potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway were set to strike later in the day. ›
Europe’s power forward contracts set new contract records in the wholesale market on Monday, driven by higher carbon emissions rights, coal and Brent crude prices, while a bullish spot market also lent support. ›
British prompt wholesale gas prices rose on Monday morning as low wind output lifted gas-to-power demand. ›
Oil prices steadied on Monday as an increase in U.S. drilling, likely to lead to higher shale production, balanced evidence of tightening supply. ›
British gas for immediate delivery rose on Friday morning as very low wind output raised demand for gas from power plants. ›