The fallout from the Greek elections renewed eurozone instability fears during May, forcing GB wholesale energy prices to drop and international energy markets to reach new lows.
Annual coal hit a 20-month low of $98.8/t on 24 May on continuing weaker demand from the Far East, while the same day month-ahead Brent crude oil slipped to a five-month low of $105.6/bl. Carbon also struggled to bounce back after recent record lows. These factors helped drag annual gas and electricity prices down.
http://www.catalyst-commercial.co.uk/news/energy_market_brief_jun2012/?p=
No comments:
Post a Comment