- February 20th, 2018
Oil markets mixed as US crude, Brent move in opposite directions
Oil markets were split on Tuesday, with U.S. crude pushed up by reduced flows from Canada while international Brent prices eased. ›
Oil markets were split on Tuesday, with U.S. crude pushed up by reduced flows from Canada while international Brent prices eased. ›
British wholesale gas prices rose on Friday morning on colder weather forecasts, despite a slightly oversupplied system. ›
U.S. crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian markets closed for the Lunar New Year holiday. ›
Oil dipped on Wednesday, squeezed by lingering oversupply including rising U.S. inventories and ample physical flows, though the prospect of Saudi output dropping in March, economic growth hopes and a weaker dollar all combined to cap losses. ›
European spot electricity prices eased on Tuesday, curbed by an expected drop in French demand as temperatures rise after a cold start to February. ›
Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week, as well as by a weaker dollar which potentially supports more fuel consumption. ›
British wholesale gas prices rose on Tuesday morning on expectations of colder temperatures next week. ›
European spot electricity prices for day-ahead delivery diverged on Monday as forecasts for increased consumption and lower wind power generation buoyed the German prompt contract while increased supply weighed in France. ›
British wholesale gas prices declined on Monday due to high power output from wind turbines and expectations for higher temperatures later in the week. ›
Oil prices rose by 1 percent on Monday, recovering some of last week’s steep losses as Asian stock markets found a footing after days of chaotic trading. ›