- January 31st, 2017
UK Gas – Prices rise on Rough storage outage
Prompt wholesale gas prices rose on Tuesday morning as a partial withdrawal outage at the country’s largest gas storage site curbed supply. ›
Prompt wholesale gas prices rose on Tuesday morning as a partial withdrawal outage at the country’s largest gas storage site curbed supply. ›
Oil is set for its first monthly decline since October as signs that U.S. supply is expanding offset OPEC’s production curbs. ›
UK day-ahead power contracts climbed higher on Monday, halting a five-day losing streak, on the back of tightening supply margins and bullish spot gas prices. ›
British wholesale gas prices rose on Monday as a partial shutdown of the Elgin-Franklin platform in the North Sea and an extended outage at a gas storage facility tightened supplies, traders said. ›
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. ›
British wholesale gas prices fell on Friday morning as the gas system was oversupplied and slightly milder temperatures were forecast from the weekend. ›
Oil headed for a second weekly increase as OPEC and other producing nations continued with output cuts to reduce bloated global inventories and stabilize the market. ›
European spot electricity prices for day-ahead delivery fell on Wednesday on a forecast rise in power output from renewable wind and solar sources, and a decline in demand due to mild temperatures. ›
Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to cut output and prop up the market. ›
British gas prices fell on Wednesday morning as lower-than-forecast demand, as well as strong flows from Norway and domestic fields, made the system oversupplied. ›