(Heren Energy) - NBP prompt prices have been driving a bullish trend this week, with colder weather the main factor in some sharp price rises. Swings in demand and supply have also lead to a volatile market that seems to have been particularly treacherous for those who came short into the week.
Day-ahead at the NBP closed at 28.025 p/th on Monday, up nearly 2.00 p/th on the Friday close. The massive volatility on Monday set the tone for the week. Nerves have been heightened by offshore problems, with the usual spate of rumours as well as the publicised closure of the Brent Bravo platform.The UK system was never very short for very long. Transco however, bought in high volume
Montag, 27.10.2003, 08:05 Uhr
Redaktion
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