- January 26th, 2018
UK GAS-Prices slightly higher despite oversupply
British wholesale gas prices were slightly higher on Friday morning on expectations of colder weather even though the system was oversupplied. ›
British wholesale gas prices were slightly higher on Friday morning on expectations of colder weather even though the system was oversupplied. ›
Oil prices reversed earlier falls on Friday as ongoing weakness in the U.S. dollar was seen supporting fuel consumption. ›
The UK day-ahead power price surged on a forecast halving in wind output for Friday’s peak hours. ›
British wholesale gas prices fell on Thursday as mild temperatures and expectations for high wind output reduced demand. ›
European spot electricity prices for day-ahead delivery posted strong gains on Thursday as forecasts showed wind power generation plunging day-on-day, while consumption will rise in France due to cold weather. ›
Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S. crude inventories and a weaker U.S. dollar. ›
European spot electricity prices for day-ahead delivery soared on Wednesday on the back of a forecast slump in power generation from renewable wind turbines, while week-ahead contracts fell on a mild weather outlook. ›
British prompt gas prices fell on Wednesday morning, as forecasts of high output from the country’s wind farms and mild temperatures for the time of year curbed demand. ›
Oil prices fell on Wednesday, weighed by data showing an increase in U.S. crude oil and gasoline inventories. ›
European spot electricity prices for day-ahead delivery tumbled in the wholesale market on Tuesday on an expected increase in wind power generation, while consumption was forecast to fall. ›