Prompt British gas prices rose on Thursday as temperatures were expected to fall, boosting demand for heating, while ongoing outages are reducing supply from the UK Continental Shelf. ›

Oil prices stabilized on Thursday as a tighter market looms in 2017 due to planned output cuts led by OPEC and Russia, after sharp declines earlier following Wednesday’s U.S. interest rate increase that drove investors out of commodities. ›

Prompt British gas prices fell on Wednesday morning, as milder- than-usual weather curbed demand and strong imports created an oversupplied system. ›

Oil retreated from the highest close since July 2015 as focus shifted to expanding U.S. crude stockpiles after OPEC and other producing nations agreed to cut output to stabilize the market. ›

Dutch and German spot and prompt gas prices were mostly edging higher during Tuesday morning with the spot supported by a bullish NBP equivalent while later-dated contracts were lifted by strength in crude oil and coal prices. ›

British wholesale gas prices declined on Tuesday morning in response to an oversupplied system. ›

Oil held gains near the highest level since July 2015 as the market focus shifted to U.S. stockpile and production data after OPEC and other nations agreed to coordinated output cuts. ›

Oil prices shot to their highest levels since mid-2015 on Monday after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to rein in oversupply and prop up markets. ›

Oil prices extended gains for a second session running on Friday on optimism that non-OPEC producers would agree to cut output following a cartel agreement to limit production. ›

Oil prices erased early gains to trade almost flat in Asian session on Thursday on mixed U.S. crude stocks data and doubts over OPEC’s implementation of an output cut, although a weaker dollar aided sentiment. ›