- May 20th, 2016
UK GAS-Spot price dips; forward contracts rise on firmer oil
British spot gas prices fell on Friday in response to an oversupplied transmission system and lower demand. ›
British spot gas prices fell on Friday in response to an oversupplied transmission system and lower demand. ›
British wholesale gas prices continued to fall on Thursday on an expected increase in domestic supply, strong flows from liquefied natural gas (LNG) terminals and lower oil prices. ›
Oil extended its decline for a second day as U.S. crude stockpiles unexpectedly increased, keeping supplies at the highest level in more than eight decades. ›
British wholesale gas prices fell on Wednesday on higher imports from Norway and ample supply from liquefied natural gas terminals, offsetting robust demand from gas-fired power plants. ›
British within-day gas prices rose on Tuesday morning, as imports from Norway fell and an outage at the Bacton Seal gas terminal cut domestic supply. ›
Oil advanced to a seven-month high on forecasts U.S. crude stockpiles declined while supply losses in Canada and Nigeria whittled away the global excess. ›
British prompt gas prices slid on Monday as supplies from Norway and liquefied natural gas (LNG) terminals surged while demand was relatively subdued. ›
British prompt gas prices edged lower as an increase in imports from Norway left the gas system oversupplied, although the trend could potentially reverse due to a cooler weather outlook, traders said on Friday. ›
Oil pared its weekly advance as investors weigh supply reductions from the U.S. to Nigeria against the return of some output from Canadian producers after wildfires eased. ›
British prompt gas prices rose on Thursday morning as imports from Norway dropped, leaving the market undersupplied. ›