- February 29th, 2016
UK GAS-Prompt prices rise as imports from Norway drop
British spot gas prices edged higher Monday as lower imports from Norway left the British gas system undersupplied. ›
British spot gas prices edged higher Monday as lower imports from Norway left the British gas system undersupplied. ›
Crude futures rose in early trading on Monday after gaining over 15 percent last week, with some indicators pointing to the possibility the market is showing signs of bottoming out. ›
Crude oil prices flipped on Friday reversing falls in the morning into afternoon gains as traders closed short positions and strong U.S. gasoline demand supported the market. ›
British gas prices for prompt delivery were steady on Friday in a near-balanced system as stable supplies from Norway helped meet demand. ›
British wholesale gas prices declined on Thursday morning on robust supplies. ›
Crude oil prices fell on Thursday as downward pressure from global overproduction and slowing economic growth outweighed strong gasoline demand and lower U.S. crude output. ›
Oil extended declines after oil ministers from Iran and Saudi Arabia signalled they’re unwilling to curtail production. ›
British spot gas prices fell on Wednesday morning as strong domestic supply and imports from Norway outstripped cold weather and high demand. ›
UK prompt power prices posted strong day-on-day gains Tuesday, rising for the second consecutive trading session, as forecasts for less than 1 GW wind supply coupled with an unplanned power station outage and increased demand bolstered market sentiment, sources said. ›
Oil futures fell more than half a dollar on Tuesday given worries rising Iranian output would deepen a global oversupply, offsetting expectations of a drop in U.S. production that had spurred sharp price gains in the previous session. ›