Kore Energy

Gas Market: UK wholesale gas prices continued higher as renewed concerns over the Strait of Hormuz and increased tanker attacks heightened fears of further disruption to Middle East LNG supplies Gas Market: Middle East LNG exports fell 65% year-on-year in September, with all exports directed towards Asia and none reaching Europe Gas Market: Day ahead prices increased to 187.00p/therm in reaction to falling temperatures across the UK and Northwest Europe Power Market: Summer-27 baseload prices increased for the second consecutive session, settling £2.80/MWh higher at £114.55/MWh, supported by gains in the NBP gas market Power Market: UKA prices rose by more than 5% with the market supported by reports of progress towards linking the UK and EU markets Oil Market: Oil prices edged lower as accelerated strategic stock releases from the IEA helped ease supply concerns, while ongoing geopolitical tensions limited losses Oil Market: Brent crude settled at $100.20/bbl on Wednesday, down $0.38, while the corresponding WTI contract fell $1.16 to close at $88.28/bbl