Friday 08 September 2017
Exports through the Bacton Zeebrugge line remain around 30MCM today and demand on the UK system is pitched a touch
higher than yesterday at 164MCM. Supplies are lagging by 6MCM though and the only real difference in the supply mix is the absence of storage gas flows from Aldbrough. Prompt prices are trading relatively flat however, and on the curve a similar picture is developing. Sterling has recovered a touch this morning but it's not enough to influence gas prices so far. In the crude markets both benchmarks are continuing to diverge with Brent crude up 11 cents at $54.60 a barrel, while WTI is 23 cents down at $48.86.