- September 30th, 2016
Europe Power – German forward prices higher, while coal and oil weaken
Benchmark European forward electricity recouped some of the ground lost late on Thursday which had dented a recent rally. ›
Benchmark European forward electricity recouped some of the ground lost late on Thursday which had dented a recent rally. ›
Oil prices dropped on Friday as investors took profits following a seven-percent rise in the last two sessions, amid doubts that OPEC’s first planned output cut in eight years would make a substantial dent in the global crude glut. ›
Oil prices slipped on Thursday as investors questioned whether an OPEC agreement to curb oil production – the group’s first such deal since 2008 – would be enough to rebalance a heavily over-supplied world market. ›
British wholesale prompt gas prices rose in thin trade on Wednesday as storage sites ceased pumping out supply and as analysts forecast stronger day-ahead demand. ›
Oil halted losses below $45 a barrel after Saudi Arabia signaled it may compromise with regional rival Iran on a future output agreement as both countries expect no deal when OPEC members meet Wednesday in Algiers. ›
A tanker carrying 27,500m3 of ethane from US shale fields is due to dock at Grangemouth, the refinery and petrochemicals plant owned by Ineos. ›
UK day-ahead power contracts eased Monday as wind availability was forecast to increase sharply Tuesday alongside a moderate dip in power demand. ›
Dutch and German spot gas prices rose Monday morning as unplanned outages occurred in two Norwegian assets amid corrective maintenance commencing at the Kollsnes asset with an extended duration. ›
British wholesale gas prices opened lower on Monday morning as strong supplies from the UK Continental Shelf resulted in oversupply. ›