Daily Energy Market Report 11th October 2017
Very mild for the next fortnight, slight risk of colder temperatures towards the back end of October.
High wind production levels in the UK.
The UK system has opened long again this morning (10.7mcm), despite ongoing outages at Kollsnes and St Fergus.
Oil prices have edged up this morning, following signs that the market could be gradually tightening.
Saudi Arabia have committed to cutting exports in November, and refinery shutdowns are still taking place following Hurricane Nate.
There has been strength in the Euro, as the Catalonian President has taken a step back from declaring immediate independence and wants to open talks.