- October 31st, 2016
UK GAS-Prices gain on forecast for colder weather
British wholesale gas prices rose on Monday morning on expectations for a drop in temperatures to below normal levels, boosting gas demand for heating. ›
British wholesale gas prices rose on Monday morning on expectations for a drop in temperatures to below normal levels, boosting gas demand for heating. ›
Oil declined for a second day as OPEC’s internal disagreements undermined efforts among major suppliers to reach an agreement in Vienna on trimming output to support prices. ›
The French oil and gas company Total has managed to offset the effects of weak commodity prices by reporting better-than-expected profits in the third quarter of 2016. ›
Oil prices were stable on Thursday, lingering around $50 a barrel, as doubts over OPEC’s ability to organize a coordinated production cut weighed on markets, while firm demand and concerns over Venezuela’s stability offered support. ›
Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut re-ignited concerns about a global supply glut. ›
British wholesale gas prices rose on Tuesday on concerns about future supplies from Norway. ›
A possible agreement among global leading oil producers on capping crude output would help to stabilise global oil prices, Russian Deputy Prime Minister Arkady Dvorkovich said on Tuesday ›
Oil prices dipped on Tuesday as disagreement flared within producer cartel OPEC on who should cut how much production in a planned coordinated reduction to prop up prices. ›
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work.
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UK day-ahead power contracts rose further Friday amid ongoing concerns over tight supply in the UK as well as the neighboring French market. ›