- November 9th, 2017
Oil markets stable, but doubts over recent bull run emerge
Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. ›
Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. ›
European Union negotiators agreed to a compromise on carbon market reforms on Thursday, with the bloc keen for a deal this week to show leadership at U.N. climate talks in Bonn. ›
UK day-ahead power prices edged lower Wednesday to remain below French day-ahead, with UK power traders expecting continued arbitrage play through to the end of December. ›
European wholesale power prices for next week rose sharply on Wednesday as cold air was forecast to bring a taste of winter while wind and solar power will generate only modest output and France’s nuclear sector continues to see tight supply. ›
British day-ahead and weekend gas prices fell on Wednesday as forecast warmer weather and stronger wind are expected to curb gas demand, which has been above seasonal average this week, said traders. ›
Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported because of OPEC-led supply cuts. ›
Energy prices continued to rise in October as winter fast approaches. ›
British wholesale gas prices rose on Tuesday as demand remained above the seasonal average and several nuclear reactor outages were extended. ›
Oil prices largely held on to gains on Tuesday after posting the biggest rise in six weeks a day earlier, buoyed by moves by Saudi Arabia’s crown prince to tighten his grip on power and rising tensions between the kingdom and Iran. ›
European power curve prices on Monday leapt higher on gains in related fuels markets while prompt prices were off in Germany and firmer in France. ›