- April 20th, 2018
UK GAS-Prices rise as Norwegian outage curtails flows
British wholesale gas prices rose on Friday morning as an unplanned outage in Norway curtailed flows ›
British wholesale gas prices rose on Friday morning as an unplanned outage in Norway curtailed flows ›
Oil prices on Friday stayed near three-year highs reached earlier this week, with ongoing OPEC-led supply cuts and strong demand gradually drawing down excess supplies. ›
British wholesale gas prices gained more ground on Thursday afternoon after an outage at a Norwegian field was announced by operator Gassco. ›
Oil prices rose on Thursday to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters top exporter Saudi Arabia is seeking to push oil prices higher. ›
British wholesale gas prices rose on Thursday on forecasts for weaker wind power output which, with low flows from Norway, increased demand for gas-fired electricity. ›
Planned and unplanned outages continued to bedevil Norwegian natural gas flows to the UK and European continent Thursday. ›
European spot electricity prices for day-ahead delivery fell on Wednesday as forecasts showed consumption slipping due to warm weather, while near-term contracts dipped on increased wind and hydro power generation in the week ahead. ›
British wholesale gas for next-day delivery was slightly higher on Wednesday due to less Norwegian flows and as a forecast dip in wind speeds this week boosted demand for gas-fired power generation. ›
Oil prices rose on Wednesday, lifted by a reported decline in U.S. crude inventories and by the ongoing risk of supply disruptions. ›
Prompt British wholesale gas prices fell on Tuesday morning as forecasts for warmer weather curbed demand. ›