- July 12th, 2016
UK Gas – Prompt prices rise on lower wind power output
British prompt gas prices rose on Tuesday morning as demand from the power sector increased due to lower output from the country’s wind farms. ›
British prompt gas prices rose on Tuesday morning as demand from the power sector increased due to lower output from the country’s wind farms. ›
Oil futures rose on Tuesday as an interruption in Iraqi crude loadings at Basra threatened to tighten supplies, but prices held close to two-month lows hit in the previous session as investors continued to slash their bullish bets. ›
Oil prices fell on Monday on signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia. ›
British wholesale forward gas prices edged lower on Monday as crude oil prices weakened. ›
Prompt British natural gas prices fell on Friday as strong supplies outstripped demand. ›
Oil trimmed its biggest weekly decline in five months as investors weighed the largest drop in U.S. output since 2013 against a smaller-than-expected stockpile decline. ›
Oil prices edged up on Thursday, supported by a report of another fall in U.S. crude inventories as well as a weaker dollar, although a glut of refined products and economic growth concerns continue to drag on markets. ›
British wholesale gas prices mostly declined on Wednesday due to expectations of improved supply and less demand from gas-fired power plants over the weekend and next week and amid a general slump in financial markets. ›
Oil traded near a one-week low as investors fled to haven assets including gold and the yen amid renewed concern the U.K.’s decision to leave the European Union will hinder global growth. ›
British wholesale gas prices declined on Tuesday morning on more injections into medium range storage facilities and continued exports to Europe. ›