- February 22nd, 2016
UK Gas – Wholesale prices rise on colder weather
British wholesale gas prices rose on Monday on an expected increase in gas demand for power generation and heating as temperatures were set to fall this week. ›
British wholesale gas prices rose on Monday on an expected increase in gas demand for power generation and heating as temperatures were set to fall this week. ›
Brent oil rose as Russia said talks on an output freeze will be done by March 1, while Nigeria said some countries should have production capped at higher levels. ›
British wholesale gas prices fell on Friday as strong supply from storage sites and liquefied natural gas (LNG) terminals, and softer demand for power generation and house heating, led to an oversupplied system. ›
Oil futures fell in Asian trade on Friday as a record build in U.S. crude stocks stoked concerns about global oversupply, outweighing moves by oil producers including Saudi Arabia and Russia to cap oil output. ›
British gas prices for prompt delivery held steady on Thursday as flows picked up at Total’s St Fergus terminal and Norwegian exports remained strong. ›
Crude futures rose in Asian trade on Thursday after Iran welcomed plans by Russia and Saudi Arabia to cap production, although analysts said the move would not lead to any output cuts and Tehran offered no action of its own. ›
British gas for instant-delivery rose on Wednesday due to an undersupplied transmission network as several terminals cut output while demand for heating stayed high. ›
Oil prices rose on Wednesday as efforts led by Russia and Saudi Arabia to broker a deal to freeze production levels and ease a global glut turned to Iran, which signalled a tough line. ›
British wholesale gas prices rose on Tuesday morning as gas consumption increased due to colder-than-average temperatures. ›
Brent crude oil futures pared gains on Tuesday after Qatar’s energy minister said his country had agreed to freeze output at January’s levels, together with Saudi Arabia, Russia and Venezuela. ›