- June 23rd, 2017
UK GAS-Rising supply weakens prices, day-ahead power price jumps
British prompt gas prices fell on Friday as flows from Norway increased amid expectations of higher output from domestic fields. ›
British prompt gas prices fell on Friday as flows from Norway increased amid expectations of higher output from domestic fields. ›
Oil edged up on Friday, recovering some of its steep falls earlier in the week, but crude is still set for its worst first-half decline in two decades despite ongoing production cuts. ›
British wholesale gas prices fell on Thursday morning following Brent crude oil losses and ahead of liquefied natural gas (LNG) arrivals, traders said, despite the undersupplied system and the lower Norway gas flows. ›
Oil turned lower on Thursday after posting gains earlier in the session as traders look ready to test new lows for crude prices with worries persisting over a global glut. ›
British wholesale prompt gas prices rose on Wednesday morning as lower imports and domestic production curbed supply. ›
Oil prices held near multi-month lows on Wednesday as investors discounted evidence of strong compliance by OPEC and non-OPEC oil producers with a deal to cut a global output. ›
UK prompt gas prices rose on Tuesday due to supply shortfalls as storage sites rebuilt stock levels and reduced flows coming from domestic terminals. ›
Centrica will cease storage operations at Rough, Britain’s largest natural gas storage site, the energy supplier said on Tuesday. ›
Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. ›
Prompt British wholesale gas prices soared on Monday morning, as expectations of lower output from the country’s wind farms boosted demand for gas. ›