- November 7th, 2016
UK Gas Prices climb on lower temperatures, declining wind output
British wholesale gas prices climbed on Monday morning, boosted by increased demand due to colder weather and falling wind output. ›
British wholesale gas prices climbed on Monday morning, boosted by increased demand due to colder weather and falling wind output. ›
Oil prices rose by over 1 percent on Monday, pushed up by a statement from the producers’ club OPEC that it was committed to a deal made in September to cut output in order to prop up the market. ›
NBP spot deflated Friday morning as higher Norwegian deliveries and imports from the continent pushed the system deep into oversupply, leaving the market seemingly comfortable with the colder-than-average weather that the weekend and the start of next week have in store for European gas markets. ›
French power prices hitting the Eur3,000/MWh maximum price cap this season has become “almost a certainty” amid the current environment of low nuclear availability as France braces itself for imports from more expensive neighbours such as the UK, Nicolaj Janss Lafond, senior cross-border trader at Engie, told the audience at the Emart conference in Amsterdam Friday. ›
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude inventories and doubts over the ability of producers to coordinate output cuts continued to keep a lid on the market. ›
Electricity & Gas prices continued their climb in October as problems with French nuclear output filtered through to the rest of Europe. ›
French utility EDF has postponed restarting its 900 megawatt/hour Bugey 4 and Gravelines 2 nuclear reactors to Dec. 31 from Nov. 30, French grid operator RTE said on its website on Thursday ›
Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed sentiment in the market, lifting prices from five-week lows. ›
British wholesale prompt gas prices rose on Wednesday as cold weather lifted heating demand and as domestic gas terminals pumped less North Sea gas than previously expected. ›