(Heren Energy) - Winter supply issues raised their ugly head again this week as several North Sea field outages and a drop in temperatures drove up the prompt prices and Ofgem published its rather bleak Winter Operations document. After a summer of interruptions, Interconnector problems and storage injection stoppages, the market was well launched on a bullish trajectory for winter.
Even before this week’s field outages, Within-day prices around 19.00-20.00 p/th had been signal enough to many curve traders not to sell. As Day-ahead jumped from 19.40 p/th on the previous Friday to 25.65 p/th on Thursday’s close however, several curve contracts broke through psychological barriers. November, which has been climbing steadily all month, was launched over 25.00 p/th
Montag, 20.10.2003, 08:13 Uhr
Redaktion
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