- July 2nd, 2018
EUROPE POWER-Curve prices at records on fuel and carbon highs
European wholesale electricity contracts for the coming year set new records on Monday, triggered by high fuel and carbon prices and higher spot market levels. ›
European wholesale electricity contracts for the coming year set new records on Monday, triggered by high fuel and carbon prices and higher spot market levels. ›
British wholesale prompt gas prices mostly rose on Monday due to higher gas-for power demand and strong exports to Belgium which could increase further this week. ›
Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States. ›
British wholesale gas prices fell on Friday as a week-long heatwave dampened demand and left ample supplies to offset the start of exports to Belgium after a planned outage. ›
Oil prices slipped on Friday as an escalating trade dispute between the United States and other major economies cast doubt on future demand growth, although markets remain tight due to supply disruptions and looming U.S. sanctions against Iran. ›
British wholesale gas prices mostly rose on Thursday as the return from maintenance of a major export pipeline tightened domestic fuel supplies. ›
European spot wholesale power prices fell on Thursday due to weak pre-weekend demand, although those in France were supported by reports of some reactor capacity losses. ›
U.S. oil prices steadied on Thursday, pulling back from 3-1/2-year highs, but supply remained tight with investors concerned by the prospect of a big fall in crude exports from Iran due to U.S. sanctions. ›
German prompt power fell on Wednesday as the country was set to receive more wind power supply on the day-ahead while forwards gained sharply along with increases in related coal prices. ›
British wholesale gas prices rose on Wednesday, as a decrease in Norwegian flows created an undersupplied system, with low wind power output failing to bridge the demand gap. ›