Kore Energy

Gas Market: Renewed hopes of the Strait of Hormuz reopening weighed on UK gas prices on Monday as early gains were reveres leaving the near NBP curve down over 6.00p per therm Gas Market: December, the front month for the NBP settled 7.03p lower at 205.22p, the lowest settlement in a month. Gas Market: Prompt prices also eased yesterday but low wind forecasts and an outage at Norway's Visund plant curbed losses on the day Power Market: Hopes of progress in peace talks between the U.S. and Iran pressured the baseload power curve on Monday Power Market: Wind generation continues to be forecast well below the seasonal average of 22.7GW but pressure from the NBP prompt Oil Market: Crude oil prices shed 5.9% yesterday as hopes increased that talks between the U.S. and Iran were progressing following Trump's latest remarks Oil Market: Brent for January delivery was down $5.75 to $92.57 a barrel on Monday