Kore Energy

Gas Market: UK wholesale gas prices remained elevated on Friday amid ongoing geopolitical tensions between the U.S. and Iran Gas Market: The front month contract for September delivery increased by 1.35p to settle at 162.58p per therm, marking a fresh four-year high Gas Market: Gains across the prompt market were mitigated by softer gas for power demand and warmer temperatures, with the Day ahead contract edging up by 0.90p Power Market: Rising gas and carbon prices supported GB baseload contracts on Friday Power Market: Aggressive buying activity saw European carbon markets move higher, with Dec 26 Allowances increasing by 53 cents to settle at €82.78 a tonne Oil Market: Crude oil prices settled higher for a sixth consecutive session on Friday, supported by the ongoing stalemate between the U.S. and Iran Oil Market: The front month Brent contract posted a 61 cent gain to settle at $94.39, its highest close in 4 weeks