Monday, 14 November 2011

Today's UK Business Gas Prices

British spot gas rose more than 7 percent on Monday morning as exports to mainland Europe increased and supply fell short of demand, while curve contracts were buoyed by government reshuffles in Greece and Italy.Gas for immediate delivery surged to 57.60 pence per therm as utilities in Europe leaned heavily on imports from Britain as heating demand increased, sucking 42 million cubic meters/day (mcm/day) away from the UK.

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