(Bloomberg) -- U.K. natural-gas prices rose after
weather forecasters predicted rain throughout the country next
week, which may increase heating demand, and a pipeline to mainland
Europe reversed direction to take gas out of Britain.
Gas for delivery a week ahead at the National Balancing Point,
the U.K. trading hub, rose 0.7 percent to 20.75 pence a therm as of
11:31 a.m. in London, according to broker ICAP Plc. That equals
$4.09 per million British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
weather forecasters predicted rain throughout the country next
week, which may increase heating demand, and a pipeline to mainland
Europe reversed direction to take gas out of Britain.
Gas for delivery a week ahead at the National Balancing Point,
the U.K. trading hub, rose 0.7 percent to 20.75 pence a therm as of
11:31 a.m. in London, according to broker ICAP Plc. That equals
$4.09 per million British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
No comments:
Post a Comment