Daily Market Report 18th October 2017
Mild outlook continues for the UK, with a brief exception next weekend, when colder days are expected.
The latest Continental weather run has been revised less warm, with increased demand forecasts on the back of this.
The NBP system has opened balanced this morning.
Storage facilities are nominated to withdraw.
UKCS nominations are higher on the back of an increase in St Fergus TOM flows.
Norwegian flows to the continent are marginally up this morning. Russian exports have increased by 12mcm, due to higher Velke flows.
Oil prices have increased this morning, strengthened by a fall in US Crude inventories, and concerns over growing tensions in the Middle East and whether this could disrupt supply.