- May 23rd, 2017
UK GAS-Prompt prices slip as warm weather curbs demand
Prompt British wholesale gas prices edged lower on Tuesday morning, as warm temperatures curbed demand, leaving the system oversupplied. ›
Prompt British wholesale gas prices edged lower on Tuesday morning, as warm temperatures curbed demand, leaving the system oversupplied. ›
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market. ›
British spot gas prices dropped 11 percent on Monday as warmer-than-expected temperatures sapped demand and higher Norwegian deliveries made the system oversupplied. ›
Oil extended gains toward $51 a barrel as Saudi Arabia said all producers participating in output cuts agree on prolonging the deal through the first quarter of 2018. ›
British wholesale gas prices fell on Friday due to lower demand forecasts for next week and expectations of higher Norwegian supply as maintenance at the Troll gas field is set to end. ›
Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in crude, with key benchmarks heading for a second week of gains. ›
UK day-ahead power prices moved in opposite directions on Thursday driven by forecasts of falling solar power generation and rising demand and wind output, sources said. ›
Oil prices slipped on Thursday as the market remained well supplied with crude despite efforts by OPEC and other big exporters to curb production and support prices. ›
British wholesale gas prices rose on Thursday due to an undersupplied system and expectations of lower temperatures. ›
British wholesale gas prices declined on Wednesday due to higher supply and lower exports. ›