- April 24th, 2024
French Grid Issues Are Causing Power Prices to Soar in Europe
Grid limitations in parts of France are constraining power exports, pushing up prices in neighboring countries. ›
Grid limitations in parts of France are constraining power exports, pushing up prices in neighboring countries. ›
There are early signs that the rise in the spot price for liquefied natural gas (LNG) for delivery to Asia to a three-month high is starting to crimp demand from price-sensitive buyers such as India. ›
Oil prices extended gains on Wednesday after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, though markets were also keeping a close eye on hostilities in the Middle East. ›
Oil prices edged higher on Tuesday, after falling in the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. ›
Oil prices fell by more than 1% on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation of hostilities following Israel’s apparently small strike on Iran. ›
Dutch and British wholesale gas prices were mixed on Friday morning amid heightened tensions in the Middle East, Norwegian outages and expectations of increased demand from the power sector as wind speeds drop. ›
Oil wiped out an earlier sharp jump as Iranian media appeared to downplay the impact of Israeli strikes that followed last weekend’s unprecedented bombardment by Tehran. ›
Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year and on signs that a wider conflict in the key Middle East producing region could be avoided. ›
Dutch and British wholesale gas prices eased on Wednesday morning but were still near their highest levels since January, as the market kept a close eye on potential supply disruptions of liquefied natural gas (LNG). ›
Oil prices extended losses on Wednesday as worries about global demand due to weak economic momentum in China and a likely rise in U.S. commercial stockpiles outweighed supply fears from heightened tensions in the Middle East. ›