Energy Insight 2018 – Week 51

Your regular snapshot of the wholesale energy markets.

For the majority of last week, contracts across both the NBP natural gas and UK wholesale power markets felt the pressure from falling demand and weaker trade across commodities. The anticipation of milder than usual weather influenced the fall in demand, with temperatures expected to remain above average for the time of year up until the New Year. Oil markets plunged to a new 14-month low on Tuesday but slightly recovered on the following day, but failed to keep this momentum going as the benchmark fell throughout the remainder of the week…read more

 

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