- January 29th, 2016
UK GAS-Prices slip on ample supply, mild weather
British gas prices fell on Friday as strong exports from Norway meant there was ample supply to meet slack demand, with milder weather curbing gas needs for heating. ›
British gas prices fell on Friday as strong exports from Norway meant there was ample supply to meet slack demand, with milder weather curbing gas needs for heating. ›
Oil extended gains from the highest close in three weeks as Russia’s energy minister said that OPEC and other producers may meet to discuss output. Delegates from the group said no meeting has been planned. ›
British spot gas prices rose on Thursday morning as low imports from Norway and the Netherlands contributed to an undersupplied system, while curve gas prices drew support from the previous day’s gains in the oil market. ›
Oil traded near $32 a barrel after U.S. crude stockpiles expanded for a third week to a record, exacerbating a global glut. ›
British gas prices rose on Wednesday in line with higher demand due to a forecast dip in temperatures and higher crude oil prices in the previous session, trade sources said. ›
Crude oil futures dropped around 2 percent on Wednesday, heading back towards $30 a barrel as profit-taking wiped out a chunk of the gains notched up in the previous session on hopes for output cuts. ›
French energy giant had been expected to take a final investment decision on new nuclear plant on January 27 but has postponed it again ›
Crude futures dropped below $30 a barrel on Tuesday, extending the previous day’s losses by more than 3 percent, as persistent worries about oversupply and more signs of a Chinese economic slowdown spooked the market. ›
Oil gave up its gains after the world’s biggest crude exporter said it’s keeping up investments in energy projects. ›
British wholesale gas prices as milder-than-average temperatures curbed demand for gas for heating and higher wind output was forecast to stem gas demand from power plants. ›