- June 29th, 2018
UK GAS-Prices down on ample supply in warm weather
British wholesale gas prices fell on Friday as a week-long heatwave dampened demand and left ample supplies to offset the start of exports to Belgium after a planned outage. ›
British wholesale gas prices fell on Friday as a week-long heatwave dampened demand and left ample supplies to offset the start of exports to Belgium after a planned outage. ›
Oil prices slipped on Friday as an escalating trade dispute between the United States and other major economies cast doubt on future demand growth, although markets remain tight due to supply disruptions and looming U.S. sanctions against Iran. ›
British wholesale gas prices mostly rose on Thursday as the return from maintenance of a major export pipeline tightened domestic fuel supplies. ›
European spot wholesale power prices fell on Thursday due to weak pre-weekend demand, although those in France were supported by reports of some reactor capacity losses. ›
U.S. oil prices steadied on Thursday, pulling back from 3-1/2-year highs, but supply remained tight with investors concerned by the prospect of a big fall in crude exports from Iran due to U.S. sanctions. ›
German prompt power fell on Wednesday as the country was set to receive more wind power supply on the day-ahead while forwards gained sharply along with increases in related coal prices. ›
British wholesale gas prices rose on Wednesday, as a decrease in Norwegian flows created an undersupplied system, with low wind power output failing to bridge the demand gap. ›
Oil prices rose on Wednesday on a supply disruption in Canada, falling U.S. crude stocks, uncertainty over Libyan exports and after U.S. officials told importers to stop buying Iranian crude from November. ›
British prompt prices fell on Tuesday as the country experiences a week-long heatwave that has reduced heating demand and left the market well supplied in the absence of sudden outages. ›
Oil prices rose on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and intensifying trade conflicts between the United States and other major economies. ›