British wholesale gas prices rose on Wednesday morning due to expectations of lower temperatures in the coming week and a lack of liquefied natural gas (LNG) shipments confirmed to come to Britain. ›
Oil resumed its advance as weekly industry data signaled U.S. crude stockpiles declined, trimming a supply glut. ›
Gas and electricity prices became extremely volatile in September as unplanned outages and fears over winter supplies provided support for unprecedented swings in wholesale markets.
UK Energy prices ended August lower as rising Norwegian flows and extra LNG supplies countered rising oil prices and news of the closure of the Rough storage facility in the North Sea.
British gas for immediate delivery soared by 19 percent on Tuesday morning, rebounding after losses late in the previous session, as imports from the Netherlands and Norway fell. ›
Oil prices fell on Tuesday on a rise in Iranian exports which add to a global supply overhang, although a planned OPEC-led production cut later this year offered some support. ›
UK day-ahead power prices declined on Monday, after rising for two consecutive trading days, as forecasts for higher wind power generation offset the bullish influence of a demand uptick and reduced French imports. ›
Oil halted gains after rising above $50 a barrel in London for the first time in more than three weeks, as plans by some OPEC members to boost output raised doubts the group will be able to implement its production cut in November. ›
Benchmark European forward electricity recouped some of the ground lost late on Thursday which had dented a recent rally. ›
Oil prices dropped on Friday as investors took profits following a seven-percent rise in the last two sessions, amid doubts that OPEC’s first planned output cut in eight years would make a substantial dent in the global crude glut. ›
