- January 31st, 2019
UK GAS-Prices decline in well-supplied market
British wholesale gas prices edged lower on Thursday in a well-supplied market boosted by storage withdrawals and the prospect of more liquefied natural gas (LNG) deliveries. ›
British wholesale gas prices edged lower on Thursday in a well-supplied market boosted by storage withdrawals and the prospect of more liquefied natural gas (LNG) deliveries. ›
Oil prices rose for a third day on Thursday, pushed up by lower imports into the United States amid OPEC efforts to tighten the market, and as Venezuela struggles to keep up its crude exports after Washington imposed sanctions on the nation. ›
British wholesale gas prices edged up on Wednesday morning due to higher demand as a result of cold temperatures. ›
Oil prices held steady on Wednesday, supported by concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry but pegged back by a darkening outlook for the global economy. ›
Oil prices rose on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA in a move that may curb the OPEC member’s crude exports, but price rises were capped by ample global supply and signs of a slowing Asian economy. ›
British wholesale gas prices fell on Tuesday morning as strong imports outstripped rising heating demand, leaving the gas system oversupplied. ›
British wholesale gas prices edged lower on Monday morning as strong imports from Norway led to healthy supply and forecasts of high output from the country’s wind farms curbed demand. ›
Oil prices fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, and as China, the world’s second-largest oil user, reported additional signs of an economic slowdown. ›
British wholesale gas prices fell on Friday as above-average temperatures after a cold spell reduced demand sharply and led to oversupply in the system. ›
Oil prices rose on Friday as turmoil in Venezuela triggered concerns that its crude exports could soon be disrupted. ›