- April 3rd, 2018
Oil inches up, but rising Russian output still weighs
Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude prices were offset by a potential slowdown in U.S. production. ›
Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude prices were offset by a potential slowdown in U.S. production. ›
British prompt gas prices rose on Thursday as colder weather forecast from the weekend lifted demand and left the system undersupplied. ›
Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the rest of the year and potentially into 2019. ›
British prompt gas prices were broadly flat on Wednesday with the market balanced after a month of wild swings on the back of cold snaps compounded by outages leaving storage levels at multi-year lows. ›
Oil prices fell on Wednesday, with Brent dropping back below $70 per barrel and U.S. West Texas Intermediate dipping below $65, pulled down by a report of increasing U.S. crude inventories that surprised many traders.
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British prompt gas prices rose on Tuesday, driven by forecasts for colder than previously seen weather and as weaker wind power output is expected to increase demand for gas. ›
Oil prices were firm on Tuesday, supported by concerns that tensions in the Middle East could lead to supply disruptions, although further rises expected in U.S. crude output loomed over markets. ›
UK day-ahead prices fell significantly Monday, dragged down by weaker NBP gas prices coupled with forecasts for milder temperatures and higher wind output Tuesday. ›
British wholesale gas prices fell on Monday morning, as forecasts of warmer temperatures than previously expected dented demand. ›
Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. ›