- January 12th, 2018
Oil slips away from 2014 highs, though overall 2018 outlook remains firm
Oil prices on Friday slipped away from December-2014 highs reached the previous day. ›
Oil prices on Friday slipped away from December-2014 highs reached the previous day. ›
European OTC day-ahead power sagged on Thursday on predictions for warmer weather and more wind supply near term, but most positions further ahead posted gains. ›
British wholesale gas prices rose on Thursday morning following a proposal to cut output at Dutch gas field Groningen and on expectations of colder temperatures. ›
Oil dipped away from three-year highs on Thursday on signs that a 13-percent rally since early December may have run its course, although a surprise drop in U.S. production and lower crude inventories offered prices some support. ›
British wholesale gas prices rose on Wednesday afternoon, shortly after Dutch gas firm NAM suggested reducing production at the Groningen gas field in the wake of Monday’s earthquake. ›
European prompt power prices for next day delivery rose on Wednesday buoyed by an expected rise in consumption due to cold weather, amid a slump in wind and solar power generation. ›
British wholesale gas prices were mostly lower on Wednesday as milder weather and strong Norway flows curbed demand. ›
U.S. oil prices hit their highest since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating. ›
European spot electricity prices for day-ahead delivery diverged on Tuesday as forecasts for a sharp fall in wind power generation lifted the German contract, while increased nuclear power supply and lower consumption weighed in France ›
British wholesale gas prices mostly rose on Tuesday morning as forecasts for milder temperatures boosted demand and on concerns that production could be further cut from the Netherlands’ Groningen gas fields. ›