Archived Summaries
Tuesday 18 April 2017
Market Close
The UK gas market began the week's trading with significant gains on prompt and near futures contracts as demand was almost
20% above the seasonal norm. Despite steady Norwegian deliveries and LNG send-out, the supply side struggled to keep pace. Prices for the remaining summer and winter months gained an average of 0.83p. The day ahead contract gained 1.05p while the week ahead was up by 0.60p with only one LNG cargo due in the next 2 weeks. Brent crude eased 47 cents on Tuesday, having shed 53 cents on Monday, to record a $1.00 a barrel loss since Thursday.


















