British spot gas prices rose on Monday on the back of higher heating demand, while later-dated contracts fell on expectations of milder weather. ›

Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country at the weekend. ›

Prices of baseload and peakload power for Monday delivery rose sharply on Friday on tightening supply margins, while colder-than-expected temperatures increased power demand for heating, although conditions were seen returning to the seasonal average by the middle of next week, sources said. ›

Oil fell to a new 12-year low below $30 a barrel in New York, while the discount on global benchmark Brent reached a five-year high as Iran moved closer to restoring exports. ›

British spot gas prices were mixed on Friday morning as the within-day contract declined on a well-supplied market and the day-ahead and weekend contracts rose on higher demand ahead of an expected cold snap next week. ›

British gas prices fell across the board on Thursday as strong supplies outweighed the impact of the high demand for heating due to falling temperatures.

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Brent oil swung between gains and losses near $30 a barrel as Iran moved closer to boosting exports and exacerbating a global glut.

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British spot gas prices rose on Wednesday as cold weather led to high demand from gas-fired power plants, leaving the system undersupplied.

Gas for within-day delivery gained 1.6 pence to 33.40 pence per therm at 0924 GMT, up 5 percent from the previous settlement.

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Crude futures rose on Wednesday for the first time in eight days, with U.S. oil pulling further away from the widely watched $30-per-barrel level breached the previous session, as Chinese data showed record imports in December.

U.S. West Texas Intermediate crude (WTI) was up 26 cents at $30.70 a barrel at 0608 GMT. On Tuesday, it fell 97 cents to close at $30.44 a barrel, after touching a low of $29.93, which was last seen in December 2003.

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Crude oil fell back to a 12-year low on concerns about oversupply and fragile demand from China on Tuesday, after briefly recovering as investors booked profits.

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