Friday 08 September 2017
Some modest easing in UK gas prices on Friday broke the run of 4 consecutive days of gains last week. A slight recovery in the sterling-euro
exchange rate helped break the upward momentum, although prices for Q1 18 and Summer 18 still recorded marginal gains. Prompt market trading was equally lacklustre with the spot and day ahead contracts settling marginally higher in line with increases in coal and emissions prices. Crude oil turned lower on Friday following 3 sessions of strong gains and Brent crude settled 71 cents down at $53.78 a barrel.