- September 12th, 2017
EUROPE POWER-Strong wind power rise cuts prompt prices
European prompt power prices traded sharply down in the wholesale market on Tuesday on forecasts for strong wind power supplies and flat demand. ›
European prompt power prices traded sharply down in the wholesale market on Tuesday on forecasts for strong wind power supplies and flat demand. ›
Oil held gains near $48 a barrel as Hurricane Irma weakened further after moving inland and as Gulf Coast refining continued to recover following two strikes from Harvey. ›
Prompt gas prices were flat to higher on Monday despite a slight oversupply in the market and high wind generation, as Norwegian gas along the FLAG pipeline system dwindled. ›
German power for delivery next year pared gains on Monday, having earlier reached a 3-1/2-year high prompted by firmer coal and oil prices, and carbon emissions prices setting a new 20-month high. ›
Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. ›
Asian spot LNG prices rose to their highest since mid-February this week, buoyed by rising demand from traders and as buyers begin to positions themselves for upcoming winter demand. ›
Prompt gas prices rose on Friday despite higher flows from Norway as low temperatures bolstered demand. ›
Oil headed for the first weekly gain since July as Gulf Coast refiners ramp up crude processing after disruptions from Hurricane Harvey. ›
British wholesale gas prices mostly rose on Thursday ahead of domestic field and Russian pipeline maintenance which is expected to tighten supply. ›
Oil traded near a four-week high as U.S. refiners returned from shut downs caused by Hurricane Harvey, boosting demand for crude. ›