Oil traded near the lowest close in more than two months as U.S. producers increased drilling for a fourth week, raising speculation a global glut will persist. ›

UK prompt power prices edged higher Friday morning as a slight uptick in demand and weakened wind power generation was likely to add pressure on supply margins. ›

British gas prices for prompt delivery rose on Friday with demand outstripping supply and lower output from wind farms could spur consumption by gas-fired power plants later in the session. ›

European prompt power prices were driven higher for next week on Friday as French and German nuclear availability decreased and lower wind power supply also tightened the supply side. ›

Crude oil futures eased on Friday, extending big falls in the previous session as investors reassessed U.S. data underlining the glut in petroleum, while Iraqi crude exports are also on the rise. ›

British prompt gas prices rose on Thursday morning as demand from the power sector increased due to lower output from the country’s wind farms and an outage that cut gas supply. ›

Oil rose for a second day as weekly U.S. government data showed crude stockpiles fell for a record ninth week and refining activity climbed to a 2016 high. ›

UK day-ahead power contracts rebounded Wednesday, with the peakload spot price climbing to a more than three-week high, as forecasts point to lower wind and solar power generation. ›

British spot gas prices fell on Wednesday as excess supply created by a major cut in inventory restocking pushed exports to Europe to the highest monthly rate since at least 2011. ›

Oil held near $45 a barrel as U.S. industry data showed a drop in crude stockpiles, paring a surplus in the world’s largest fuel consumer. ›