- March 17th, 2017
UK Gas prices firm slightly on lower Norwegian supplies, higher exports
British wholesale gas prices went up slightly on Friday morning due to lower supplies from Norway, traders said. ›
British wholesale gas prices went up slightly on Friday morning due to lower supplies from Norway, traders said. ›
Oil prices dipped on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supply overhang. ›
British wholesale spot gas prices fell on Thursday morning as supplies outstripped demand, while forward contracts found support from rebounding crude oil prices, traders said. ›
Oil extended gains above $49 a barrel as U.S. government data showed an unexpected fall in crude stockpiles, the first decline this year. ›
UK wholesale natural gas prices rose in value during early Wednesday trade as the UK gas system tightened due to a fall in Norwegian gas receipts with further support offered by higher Brent crude pricing. ›
Oil prices climbed from three-month lows on Wednesday, lifted by a surprise drawdown in U.S. inventories and helped by figures from the International Energy Agency (IEA) suggesting OPEC cuts should push the crude market into deficit in time ›
Dutch and German day-ahead gas prices recovered Tuesday morning, tracking gains in the corresponding UK NBP contract which rose on a short system, with prices in further dated contracts also seen correcting some of Monday’ losses. ›
British wholesale gas prices rose on Tuesday morning due to lower imports from Norway, an unplanned outage at South Hook liquefied natural gas terminal and increased exports to continental Europe. ›
Crude oil prices hovered near three-month lows on Tuesday, with investors waiting for key reports and data that may shed light on a supply overhang in the global market. ›
Oil steadied below $49 a barrel as U.S. drillers continued to boost activity, countering OPEC’s efforts to drain a global glut. ›