Bullishness was observed on both the NBP natural gas and UK wholesale power markets throughout last week as bullish carbon continued to influence contract prices across the markets following the gradual recovery of demand as countries continue to recover their respective coronavirus imposed lockdowns. LNG sendout also remained low in the UK as shipments into the UK and the remainder of northwest Europe stayed low as shipments continued to get cancelled as current demand levels are still not allowing for profitable margins for suppliers…read more
