- May 10th, 2021
UK GAS-Prices rise on gas-for-power demand, weaker imports
British wholesale gas prices rose on Monday morning due to increased demand from power plants and lower imports.
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British wholesale gas prices rose on Monday morning due to increased demand from power plants and lower imports.
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Crude prices rose on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in the United States and highlighted the fragility of its oil infrastructure.
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British wholesale gas prices fell on Friday morning after rising all of this week, with temperatures forecast to go up from tomorrow.
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Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging COVID-19 pandemic in India capped prices. ›
European power curve prices on Thursday set new multi-year highs, driven by firmer fuels and carbon emission prices, and looming tighter climate regulations Germany.
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British wholesale gas prices rose on Thursday morning as lower imports and strong demand left the market undersupplied.
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Oil prices edged higher on Thursday, recouping early losses, as crude stockpiles in the United States, the world’s largest oil consumer, fell more sharply than expected as refining output rose and exports surged.
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British wholesale gas prices were mostly higher on Wednesday morning as wind output is expected to decrease and temperatures dip.
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Oil prices rose for a third day on Wednesday after industry data indicated U.S. crude inventories fell much more than expected last week, reinforcing bullish views on fuel demand in the world’s largest economy.
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British wholesale gas prices rose to their highest levels since January on Tuesday morning, driven by lower send-out of liquefied natural gas (LNG), firm demand and high carbon prices.
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