U.S. crude oil edged higher for a second day on Tuesday, underpinned by high compliance with OPEC’s production cuts even as the market remains anchored by rising U.S. production. ›

Oil prices edged higher on Monday, with Brent oil set to rise for five out of seven sessions as a global supply glut appears to ease, but rising U.S. production limited gains. ›

UK day-ahead power contracts held steady on Friday as strong wind generation continued to keep the market well supplied. ›

Oil prices fell on Friday after U.S. crude inventories rose for a seventh week, showing the market is still struggling to ease oversupply despite many producers’ efforts to rein in output. ›

Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the view that a global glut is ending. ›

British day-ahead gas price down 0.60 pence at 44.90 pence per therm at 10.01 GMT. ›

Oil extended gains in its longest rally since the end of December on increasing confidence that OPEC’s supply curbs will outweigh a gain in U.S. crude stockpiles. ›

UK day-ahead power contracts eased further on Tuesday as ongoing mild weather and strong wind availability kept prices under downward pressure. ›

British day-ahead gas price up 0.10 pence at 46.70 pence per therm at 0916 GMT. ›

U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. ›