- May 29th, 2018
Oil falls as investors brace for output increases
Oil edged lower on Tuesday, pressured by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall. ›
Oil edged lower on Tuesday, pressured by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall. ›
British wholesale gas prices were mostly higher on Thursday morning as additional maintenance at Norway’s gas export facilities created a supply shortage. ›
Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. ›
British wholesale gas prices fell on Monday morning as warm weather reduced demand. ›
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on hold”. ›
British wholesale gas prices fell on Friday as warmer weather forecasts for early next week reduced heating demand, domestic output rose and exports to mainland Europe fell. ›
Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran. ›
British wholesale gas prices rose on Thursday, tracking benchmark crude oil contracts higher, and as a cool spell continued and minor outages dented supplies. ›
Oil prices hit their highest level since November 2014 on Thursday, with Brent crude creeping ever closer to $80 per barrel as supplies tighten and demand remains strong. ›
British gas for day-ahead delivery rose on Wednesday morning as a dip in temperatures and lower forecast wind output increased demand but most of the rest of the curve declined on oversupply ›