Oil pared its biggest drop in more than two months as Saudi Arabia’s offer to cut output opens the door to a future OPEC deal, even as it doesn’t expect an agreement this week when members of the group meet. ›

Available gas-fired generating capacity in the UK is expected to remain curtailed early October, despite ESB’s Carrington CCGT plant coming online this week, with a decline seen in the coal plant availability, which sent front-month power prices higher. ›

Oil pared gains as rival OPEC members Saudi Arabia and Iran met in Vienna for a second day before the wider group gathers in Algiers to discuss action to stabilize the market. ›

Oil extended gains after weekly government data showed U.S. inventories dropped to the lowest since February, trimming stockpiles at the highest seasonal level in at least three decades. ›

UK day-ahead power prices declined on Wednesday for the third consecutive day as forecasts of increased wind power output eased supply concerns. ›

Oil climbed near $45 a barrel after Algeria said OPEC may turn its informal talks next week into a formal session and as weekly industry data showed U.S. crude inventories declined. ›

Oil prices fell on Tuesday after Venezuela said that global supplies needed to fall by 10 percent in order to bring production down to consumption levels, and technical indicators also pointed to cheaper crude futures. ›

NBP spot market began the week strong, as two unplanned outages with uncertain durations supported prices, while opposing pressure was provided by heightened LNG infeed. ›

Oil rebounded from the lowest close in more than a month after clashes halted what would be the first crude shipment from Libya’s Ras Lanuf export terminal since 2014. ›

British wholesale gas prices rose early on Thursday while the day-ahead electricity contract sank from all-time high levels, down 69 percent as cooler weather forecasts reduce air conditioning demand. ›