Kore Energy

Gas Market: Questions surrounding the durability of the U.S.-Iran ceasefire supported wholesale UK gas prices on Thursday Gas Market: The front month contract rose by 2.51p by the close to settle at 116.76p per therm, reflecting a week-on-week loss of 8.8% Gas Market: Late reports that Israel may enter talks with Lebanon tempered some intraday gains before the close Power Market: UK baseload prompt products displayed some minor gains on Thursday despite high wind output levels forecast for over the coming days Power Market: The Day ahead contract posted a day-on-day gain of £4.11/MWh to close out the session at £92.26/MWh Oil Market: Crude oil prices were supported on Thursday by concerns surrounding the durability of the two-week ceasefire between the U.S. and Iran Oil Market: After reaching an intraday high of $99.40, the front month Brent contract went on to settle at $95.92 a barrel, representing a gain of $1.17 day-on-day