Archived Summaries
Tuesday 25 April 2017
Market Open
The UK gas demand is forecast at 278MCM for today, 11% higher than Monday's level or 25%
above the seasonal norm. The system is comfortable and showing a 10MCM surplus with increased storage draws the main change over yesterday. The prompt is trading relatively flat to yesterday's close while further out, the curve has opened lower. The front month last traded at 39.60p and the winter futures contract is available at 46.14p, both 0.17p below last night's settlement. In the crude markets, both Brent and WTI are 12 cents up in early trading as the market anticipates a fall in U.S. inventories over the last week.
