- June 20th, 2018
EUROPE POWER-Prompt prices plummet on higher German wind power supply
European spot power prices on Wednesday fell sharply on forecasts for rising German wind power supply volumes, while demand for electricity was flat. ›
European spot power prices on Wednesday fell sharply on forecasts for rising German wind power supply volumes, while demand for electricity was flat. ›
Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in Libya, with investors cautious ahead of a biannual meeting of OPEC exporters to decide production policy. ›
British wholesale gas prices slipped on Tuesday morning, as the shutdown of the country’s main gas export pipeline contributed to an oversupplied market. ›
Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. ›
A series of revisions to nuclear power outages in Belgium announced Monday lifted fourth-quarter 2018 power prices across Europe. ›
European spot power prices on Monday rose on predictions of sharp day-on-day increases in consumption, driven by rising temperatures in the region. ›
British wholesale gas prices edged downwards on Monday as low demand compared to seasonal norms was coupled with excess supplies due to a planned pipeline closure that has blocked exports. ›
Oil prices on Monday extended falls from late last week after China threatened duties on American crude imports in an escalating trade dispute with Washington, while supply from OPEC and Russia is also expected to rise. ›
Forecasts for more wind and conventional power supply weighed down prompt wholesale prices in Europe on Friday, while forwards eased along with losses in carbon emissions rights. ›
British wholesale gas prices for immediate delivery slipped on Friday, following rises earlier in the week on several outages, as the system was oversupplied. ›