Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude inventories fell for an eighth week. ›

Forecasts for colder-than-average temperatures with falling wind supplies and rising gas prices in the UK failed to boost spot prices as markets reacted calmly to bullish fundamentals, sources said. ›

British gas prices rose on Monday morning as forecasts for colder weather raised expectations for increased demand. ›

Oil prices were stable on Monday, supported by a slight decline in the number of U.S. rigs drilling for new production, with crude holding just below near three-year highs reached last week. ›

In December, energy markets reacted to the news that the Forties oil pipeline (also carrying gas) was shut down due to the discovery of a small hairline crack in the pipe. ›

European power prices for Monday jumped in wholesale market trading on Friday on expectations for a sharp drop in temperatures and returning industrial demand. ›

British prompt gas prices were mixed on Friday, mostly weather-driven. Milder-than-expected temperatures curbed within-day demand causing prices to fall, but forecasts for colder days coming boosted the day-ahead, traders said. ›

Oil prices fell on Friday, dropping away from highs last seen in 2015, as soaring U.S. production undermined a 10-percent rally from lows hit in December that was driven by tightening supply and political tensions in OPEC member Iran. ›

European day-ahead power prices rose on Thursday as winter storms faded and wind power supply fell, but the rest of the market slipped on bearish sentiment driven by good supply fundamentals and a benign weather outlook. ›

Prompt British wholesale gas prices rose on Thursday morning due to undersupply and higher gas-for-power demand because of reduced wind output. ›