Daily Energy Market Report 12th October 2017
No changes to weather forecasts, mild and windy weather still expected for the foreseeable.
Temperatures are expected to reach 5⁰C above seasonal normal over the weekend.
Again the NBP system has opened comfortably long this morning (20mcm). Langeled flows have increased following the end of the Kollsnes maintenance.
However there are 2 unplanned outages which have come to light today – Valemon and Kvitebjørn.
Norwegian flows to the continent have increased today, following the return of production.
Oil prices have eased this morning as reports show higher US Crude inventories, despite OPEC’s production cut efforts.