Oil prices edged up on Tuesday, lifted by statements that Saudi Arabia was making significant supply cuts, although rising U.S. output meant that markets remain well supplied. ›

The within-day British wholesale gas price fell on Monday morning, hit by high output from the country’s nuclear power plants and wind farms. ›

The changing profile of the solar and wind power generation in the UK had a mixed effect on UK short-term power prices on Friday, while prices of the forward contracts were hit by the weaker pound and falling Qatari LNG supply fears, sources said. ›

British prompt gas prices fell on Friday as concerns eased somewhat over Qatar’s redirection of two liquefied natural gas (LNG) tankers likely bound for Britain, and traders digested the impact of the change. ›

Oil prices dipped on Friday following steep falls earlier this week, pressured by evidence of an ongoing fuel glut despite efforts led by OPEC to tighten the market by holding back production. ›

UK energy prices were stable in May with oil prices trying to find direction against a background of high US inventories and a cut in OPEC production. ›

British wholesale gas prices rose opened higher on Thursday due to an increase in gas-for-power demand and an undersupplied system. ›

Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.S. inventories rose for the first time in 10 weeks, reawakening concerns of a supply glut. ›

British spot gas prices rose on Wednesday as reduced domestic output created a slight supply shortfall and looming offshore maintenance was set to squeeze supply later in the week. ›

Oil prices dipped on Wednesday, with Brent crude futures falling below $50 per barrel, as fuel markets remained oversupplied, although tension in the Middle East and falling U.S. inventories lent some support. ›