- March 20th, 2017
UK gas: Within-day gas declines on oversupply
British wholesale gas for immediate delivery declined on Monday morning due to oversupply, traders said. ›
British wholesale gas for immediate delivery declined on Monday morning due to oversupply, traders said. ›
Oil prices fell on Monday, with already-bloated markets pressured by rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts. ›
British wholesale gas prices went up slightly on Friday morning due to lower supplies from Norway, traders said. ›
Oil prices dipped on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supply overhang. ›
British wholesale spot gas prices fell on Thursday morning as supplies outstripped demand, while forward contracts found support from rebounding crude oil prices, traders said. ›
Oil extended gains above $49 a barrel as U.S. government data showed an unexpected fall in crude stockpiles, the first decline this year. ›
UK wholesale natural gas prices rose in value during early Wednesday trade as the UK gas system tightened due to a fall in Norwegian gas receipts with further support offered by higher Brent crude pricing. ›
Oil prices climbed from three-month lows on Wednesday, lifted by a surprise drawdown in U.S. inventories and helped by figures from the International Energy Agency (IEA) suggesting OPEC cuts should push the crude market into deficit in time ›
Dutch and German day-ahead gas prices recovered Tuesday morning, tracking gains in the corresponding UK NBP contract which rose on a short system, with prices in further dated contracts also seen correcting some of Monday’ losses. ›
British wholesale gas prices rose on Tuesday morning due to lower imports from Norway, an unplanned outage at South Hook liquefied natural gas terminal and increased exports to continental Europe. ›