- April 21st, 2016
UK Gas – Prices rise on lower Norwegian supplies, stronger oil
British gas prices rose on Thursday morning on lower supplies from Norway and rising oil prices, while demand was well above seasonal norm due to cooler weather. ›
British gas prices rose on Thursday morning on lower supplies from Norway and rising oil prices, while demand was well above seasonal norm due to cooler weather. ›
Oil traded near the highest in almost five months and energy companies led equity gains in Asia after U.S. output dropped to the lowest since October 2014 and Iraq said producers plan new output freeze talks as early as next month. ›
British prompt gas prices rose on Wednesday morning due to higher demand for gas used in heating systems. ›
Oil fell after Kuwait workers said they would end a strike that disrupted output in OPEC’s fourth-largest producer for three days. ›
Oil prices rose on Tuesday as a strike in Kuwait cut huge amounts of crude out of the supply chain, but analysts said the disruption would be short-lived and that markets would soon refocus on a global supply glut. ›
British prompt gas prices declined on Tuesday morning as a surge in flows through the Vesterled pipeline from Norway offset lower flows through Langeled. ›
UK day-ahead power contracts posted gains Monday as a planned outage on the French-UK electricity interconnector and forecasts for decreasing wind supply tightened surplus margins. ›
British prompt gas prices fell on Monday morning on an expected increase in flows from the UK Continental Shelf and a drop in oil prices after producers failed to agree on an output freeze in Doha on Sunday. ›
British prompt gas prices fell on Friday morning due to higher imports from Norway. ›
Oil is poised for a second weekly advance before major suppliers meet in Doha to discuss an output freeze as the International Energy Agency sees a global glut almost vanishing later in the year. ›