Mild weather is preventing an increase in demand for fuels, leading to falling prices across the commodities yesterday.
Both UK and continental gas prices fell quite heavily yesterday as mild temperatures pushed down the prompt and the front end of the curve, according to Heren Energy. On the NBP curve, all the winter months closed much lower than on Tuesday. December hit 56.50 p/th before ending the day at 56.65 p/th (-1.35). January closed at 71.25 p/th (-2.00) while Q1’06 ended the day down 1.90 p/th at
Donnerstag, 3.11.2005, 08:23 Uhr
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