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Market Update

  • Tuesday 19 September 2017:On Monday, Brent crude broke the 5-day rally which saw the global benchmark gain $1.78 a barrel to finish last week at a 5 month high of $55.62

  • Tuesday 19 September 2017:The market could hardly be said to have reversed with the November contracts for Brent and West Texas crudes easing by 14 cents and 9 cents respectively

  • Thursday 21 September 2017:Flows of gas to the UK via the Langeled pipeline resumed on Wednesday as the 24hr maintenance outage at the Easington terminal finished

  • Tuesday 19  September 2017:The sustained supply deficit saw the spot gas price jump by 3.75p to 50.00p while the day ahead price for today was up a penny to 48.00p

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