Daily Energy Market Report Friday 13th April 2018
The NBP has opened higher this morning on the back of a short system and continued strong oil prices.
On weather, there have been negligible changes to the forecast with this weekend turning warmer, whilst next week should see an increase in temperatures to 25C on Wednesday/Thursday.
The system is approximately 14 mcm short off the back of strong demand with temperatures cooler and low renewables.
LDZ consumption and CCGT demand has increased further this morning.
UKCS nominations continue to be strong with high St Fergus flows.
Langeled flows has dropped from 75mcm to 67mcm.
Oil has eased slightly after the biggest weekly advance in more than eight months on speculation tensions in the Middle East may lead to supply disruptions.