- September 1st, 2017
UK GAS-Prices edge up on expectations of lower supply
British wholesale gas prices edged up on Friday morning on expectations of lower supply next week due to outages. ›
British wholesale gas prices edged up on Friday morning on expectations of lower supply next week due to outages. ›
U.S. crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry with nearly a quarter of U.S. refining capacity offline. ›
UK NBP spot gas was trading lower Thursday on an oversupplied system caused by higher UK gas production and LNG regasification, withdrawals from medium-range storage as well as lower exports to Continental Europe. ›
UK day-ahead base power prices fell Thursday, while peakload edged higher on mixed fundamentals as solar power was forecast higher day on day with wind infeed seen lower Friday. ›
European electricity prices for day-ahead delivery rose on Thursday, buoyed by an expected sharp drop in wind power generation. ›
British wholesale gas prices declined on Thursday morning due to oversupply. ›
Gasoline prices in the United States hit $2 a gallon for the first time since 2015 on Thursday as flooding from storm Harvey knocked out almost a quarter of U.S. refineries, while crude prices remained weak as demand dropped following the outages. ›
European spot electricity prices for next day delivery diverged on Wednesday as forecasts for cooler weather after scorching temperatures eroded French demand, while a fall in solar power output buoyed the German contract. ›
British wholesale gas prices rose on Wednesday as the weather turned several degrees cooler and supplies from Norway continued to be reduced, leaving the market undersupplied. ›
Oil prices slid on Wednesday but gasoline spiked to their highest since July 2015 as flooding and storm damage in the wake of Hurricane Harvey knocked out one-fifth of U.S. refineries, crimping demand for crude but raising fears of fuel shortages. ›