- March 31st, 2016
UK Gas – Prices decline due to oversupply
British wholesale gas prices declined on Thursday morning due to oversupply, a day ahead of the new summer gas season which usually sees lower demand due to warmer temperatures. ›
British wholesale gas prices declined on Thursday morning due to oversupply, a day ahead of the new summer gas season which usually sees lower demand due to warmer temperatures. ›
Oil futures fell in Asian trade on Thursday, with U.S. crude hitting the lowest level in more than two weeks, amid renewed worries of global oversupply after U.S. crude inventories rose to a record high. ›
UK day-ahead power prices were steady Wednesday as a slight dip in demand levels is likely to be offset by declining wind generation. ›
British prompt gas prices rose early on Wednesday due to an undersupplied system as lower wind power generation boosted demand for gas-fuelled power plants. ›
Oil rose as the dollar weakened and before U.S. government data forecast to show crude stockpiles expanded for a seventh week. ›
Oil prices fell on Tuesday, reflecting growing concerns that a two-month rally may be in danger of fizzling, while analysts forecast another rise to record levels for U.S. crude stockpiles. ›
British prompt gas prices fell on Tuesday morning on an oversupplied system as domestic supply and imports from Norway were strong, and demand softened due to milder weather. ›
British gas prices for within-day delivery eased slightly on Thursday morning as a rise in domestic production offset a fall in Norwegian gas imports. ›
Oil fell before U.S. government data forecast to show rising crude stockpiles kept supplies at the highest level in more than eight decades. ›
British gas prices for prompt delivery rose on Wednesday as storage site withdrawals fell sharply and higher next-day demand outlooks helped support sentiment. ›