- May 11th, 2017
UK gas for immediate delivery up on undersupply
British gas for immediate delivery rose slightly on Thursday morning due to undersupply while other contracts dipped as warmer weather forecasts curbed demand. ›
British gas for immediate delivery rose slightly on Thursday morning due to undersupply while other contracts dipped as warmer weather forecasts curbed demand. ›
Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. inventories and a bigger-than-expected cut in Saudi supplies to Asia helped tightened the market. ›
British prompt gas prices rose on Wednesday due to an undersupplied network as Norwegian supply decreased. ›
Oil futures rose in Asian trading on Wednesday after Reuters reported that Saudi Arabia would cut supplies to the region as OPEC battles against rising U.S. production that is threatening to derail its attempts to end a sustained global glut in crude. ›
British wholesale gas prices were mostly higher on Tuesday morning as exports to continental Europe and storage withdrawals rose increased ›
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended. ›
Crude is on track to double its price per barrel, according to one technician whose bold call had CNBC’s “Futures Now” traders scratching their heads this week. ›
British wholesale gas prices fell on Thursday morning as Norwegian flows and wind power output increased and crude oil prices fell. ›
Crude oil lost ground on Thursday, falling for a third out of four sessions and trading near its lowest since late March after data showed a lower than expected decline in U.S. inventories. ›