Kore Energy

Gas Market: UK wholesale gas prices fell sharply as the U.S. midterm election results increased expectations of a negotiated resolution to the Iran conflict Gas Market: The front-month contract shed 7.77p/th to settle at 218.40p/th, while Summer-27 fell 11.77p/th from Tuesday's settlement to close at 154.33p/th Gas Market: The prompt market continued its decline alongside the futures market as the repercussions of the US midterms impacted all NBP contracts Power Market: Near-curve GB baseload futures fell on weaker gas and carbon markets, while Summer-27 gained £1.20/MWh to settle at £124.55/MWh Power Market: EUA carbon prices declined, with Dec-26 settling at €86.95/tonne as buying interest limited losses Oil Market: Brent crude fell sharply as markets priced in a greater likelihood of a negotiated resolution to the Iran conflict following the U.S. midterm elections Oil Market: Brent crude settled at $94.62/bbl on Wednesday, down $8.98, while the corresponding WTI contract fell $7.97 to close at $88.12/bbl