Oil prices rose more than 1 percent on Wednesday as markets braced for the imposition of U.S. sanctions on Iran next week and as stock markets clawed back some of their recent losses.

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British wholesale rose on Wednesday morning as lower imports from Norway and strong demand from gas-to-power stations contributed to an undersupplied system.

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British wholesale gas prices declined slightly on Tuesday morning amid expectations of strong liquefied natural gas (LNG) supplies and slightly milder temperatures for the rest of this week.

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Oil prices slipped on Tuesday, depressed by concerns that the U.S.-China trade dispute will dent economic growth and by signs of rising global supply despite upcoming sanctions against Iran.

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British wholesale gas prices rose on Monday due to colder-than-expected temperatures.

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Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia’s emerging economies.

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British wholesale day-ahead and weekend gas prices rose on Friday morning with the prospect of colder weather lifting demand, but most prices along the curve dipped on the expectation of increased liquefied natural gas (LNG) supplies. ›

Oil prices fell on Friday and were heading for a third weekly loss, as Saudi Arabia warned of oversupply amid a slump in global equities and trade that clouds the outlook for fuel demand. ›

European wholesale power prices for the day-ahead were mixed on Thursday with Germany up and France down, while prices for next week were off on weaker than expected demand increases. ›

British wholesale gas prices fell on Thursday, pressured by abundant supplies as send-out rates from liquefied natural gas (LNG) terminals rose.

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