- July 21st, 2017
Oil Plods to Weekly Gain as OPEC Faces Dilemma in St. Petersburg
Oil edged toward its second weekly increase as OPEC and its allies prepare to review their plan to clear a global glut that hasn’t worked as they hoped. ›
Oil edged toward its second weekly increase as OPEC and its allies prepare to review their plan to clear a global glut that hasn’t worked as they hoped. ›
Prompt British wholesale gas prices rose on Thursday morning, as imports from Norway fell, leaving the British gas system undersupplied. ›
Oil held gains near $47 a barrel as U.S. crude and gasoline stockpiles extended declines, easing concerns over a global supply glut. ›
European spot electricity prices rose on Wednesday, with gains made on the back of lower projected output for wind and solar power capped by a drop in temperatures that is expected to reduce demand for air conditioning, traders said. ›
British gas prices fell on Wednesday morning thanks to an oversupplied system, with rising Norwegian flows and waning demand for gas-fired power generation. ›
Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. ›
UK day-ahead power prices continued to tread lower for a second session Tuesday amid sufficient renewable supply. ›
British prompt gas prices were mixed on Tuesday morning, with gas for immediate delivery down after gaining nearly three pence in the previous session and the day-ahead contract up due to undersupply. ›
Oil traded near $46 a barrel after snapping a five-day gain on concern output in the U.S. and OPEC member Libya is growing just as demand shows signs of improvement. ›
Prompt British gas prices edged higher on Monday morning, as strong exports to the continent left the British gas system slightly undersupplied. ›