- August 14th, 2018
Oil edges up on Saudi output cut and Iran sanctions
Oil prices rose on Tuesday after Saudi Arabia said it had cut production in July, although concerns over a slowdown in global economic growth kept a lid on markets. ›
Oil prices rose on Tuesday after Saudi Arabia said it had cut production in July, although concerns over a slowdown in global economic growth kept a lid on markets. ›
British wholesale gas prices rose on Monday morning as a strike was set to begin at three Total North Sea oil and gas platforms, curbing supply. ›
Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel demand, but U.S. sanctions against Iran pointed towards tighter supply ahead.
›
In July UK energy prices remained high although traded within a narrow range. Please follow the link to read more. ›
British wholesale gas prices were mostly lower on Friday, as oversupply and the return of sites from maintenance weighed on the market. ›
Oil prices fell on Friday on worries that global trade disputes will slow economic growth and demand for fuel, but losses were limited by U.S. sanctions against Iran which look set to tighten supply. ›
British day-ahead gas prices fell on Thursday on expectations for higher power output from wind turbines and as increased Norwegian flows oversupplied the system. ›
Oil prices eked out gains on Thursday, reflecting concerns about Iranian crude supplies as the U.S. hit Tehran with new sanctions, halting Wednesday’s declines in the face of an escalating China-U.S. trade dispute and worries over Chinese demand. ›
British wholesale gas prices rose on Wednesday morning as forecasts for cooler temperatures and lower output from the country’s wind farms led to an increase in demand.
›
Oil prices dipped on Wednesday after China reported relatively weak import data, although the market remained well supported by falling U.S. crude inventories and the introduction of sanctions against Iran.
›