- June 25th, 2018
EUROPE POWER-Prompt prices up as wind supply declines, demand goes up
European wholesale power prices for day-ahead delivery on Monday were lifted by forecasts of rising demand and sharply lower wind power production in Germany. ›
European wholesale power prices for day-ahead delivery on Monday were lifted by forecasts of rising demand and sharply lower wind power production in Germany. ›
British prompt prices were mixed on Monday, as within-day fell on weak wind power output and low flows from Norway while day-ahead rose on forecasts for higher temperatures. ›
Oil prices fell on Monday as traders factored in an expected 1 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna last week. ›
European wholesale power prices for Monday jumped in trading on Friday on forecasts for sharply lower wind power production in Germany. ›
British wholesale gas prices rose on Friday morning as forecasts for lower output from the country’s wind farms led to an increase in demand from gas-fired power stations. ›
Oil prices rose by more than 1 percent on Friday, lifted by uncertainty over whether OPEC would manage to agree a production increase at a meeting in Vienna later in the day. ›
Storage capacity holders in Continental Europe may switch tactics in order to refill reservoirs next month as UK NBP pricing has become much more attractive so far during June compared to LNG pricing, an analysis by S&P Global Platts showed Thursday. ›
European prompt power prices on Thursday fell for the third day running on weak demand and forecasts for rising German wind power supply. ›
British wholesale gas prices fell on Thursday as supply was more than enough to meet unseasonably low demand in part due to the continued closure of an export route. ›
Oil prices fell on Thursday as crude exporters in OPEC appeared to be nearing a deal to increase production. ›