Monday 11 September 2017
An early supply surplus on the UK gas system was sustained throughout the trading day yesterday with steady deliveries from most sources and despite
a drop-off of mid-range storage withdrawals in the early afternoon. Prompt prices firmed with gains of 0.20p to 0.50p but the gas futures market saw more substantial increases of over a penny per therm on the front quarter and average gains of 0.75p on seasonal contracts. Crude oil prices steadied again on Monday following last week's volatility, Brent crude settling just 6 cents higher at $53.84.