- May 17th, 2018
Oil hits highest since Nov 2014 as Brent edges closer to $80
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. ›
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 ›
Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran. ›
British prompt gas prices were mixed on Tuesday morning, with revised forecasts for higher temperatures depressing within-day prices and expectations for a cooler Wednesday lifting day-ahead gas. ›
Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid signs of ongoing strong demand. ›
British gas prices fell on Monday as weaker commercial and residential demand and rising supply from Norway made the system oversupplied. ›
Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in U.S. drilling activity pointed to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran. ›
British wholesale gas prices fell on Friday as rising production and lower demand for power generation led to oversupply. ›
Oil prices dipped on Friday, easing from multi-year highs in the previous session on hopes that alternative supplies could replace a looming drop in Iranian exports from U.S. sanctions. ›
British wholesale prices rose on Thursday morning as several domestic production outages created undersupply and as higher oil and coal prices providing some upward direction. ›