- September 11th, 2018
UK GAS-Prices mostly dip on oversupply, warmer weather forecasts
British wholesale gas prices mostly fell on Tuesday morning in an oversupplied market and on forecasts of warmer weather to come. ›
British wholesale gas prices mostly fell on Tuesday morning in an oversupplied market and on forecasts of warmer weather to come. ›
Oil prices rose on Tuesday amid looming U.S. sanctions against Iran’s petroleum industry, despite efforts by Washington to get other major suppliers to make up for the expected disruption. ›
European power contracts for year-ahead delivery set record highs on Monday, mirroring gains in the carbon, gas and oil markets which provide inputs for generators. ›
British wholesale gas prices increased on Monday morning following a surge in carbon’s value, and as flows from Norway remained low, leaving the market undersupplied. ›
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. ›
British wholesale gas prices hit fresh six-month highs on Friday morning as lower imports and a rising energy prices lent support. ›
Oil prices held steady on Friday as a fall in U.S. crude inventories to the lowest levels since 2015 supported the market, although Sino-U.S. trade tensions and economic weakness from emerging markets remained a concern. ›
British wholesale gas prices rose on Thursday in an undersupplied market after an unplanned outage stemmed flows and imports from Norway were forecast to fall. ›
European electricity contracts for year-ahead delivery hit new contract records on Thursday driven by strong gains in carbon emissions and coal prices, while prices for day-ahead delivery fell on forecasts for increased wind and nuclear power supply. ›
Oil prices dipped on Thursday as emerging market turbulence weighed on sentiment, while a deadline neared for a potential new round of U.S. tariffs on another $200 billion of Chinese goods. ›