Small Business Energy Market Update
10 October 2017
What has happened to Gas prices today?
Very mild and windy outlook for NW Europe. Temperatures expected to be 4-5⁰C higher than seasonal normal this weekend and early next week. The NBP system has opened 33mcm long this morning. Langeled flows to the UK has decreased significantly since yesterday, following the start of the Kollsnes outage. Oil prices have increased slightly this morning, as OPEC have suggested there are clear signs of the market rebalancing, and a US production remained offline following Hurricane Nate.
What specifically affected prices in the past week?