Kore Energy

Gas Market: Renewed optimism around U.S.-Iran peace talks alongside increased LNG import levels weighed on the NBP near curve on Thursday Gas Market: The front month contract for November 26 delivery expired on the ICE exchange at 241.65p per therm, down 7.08p on its previous settlement, but up 29.6% since the start of the month Gas Market: Five LNG cargoes were confirmed to arrive at UK terminals over the coming weeks, helping to ease supply concerns Power Market: The sharp decline exhibited across the UK gas market on Thursday fed into losses across the GB baseload curve Power Market: Forecasts of a moderate increase in wind generation levels weighed on the prompt, with Day ahead posting a day-on-day decline of 6.5% Oil Market: Crude oil prices declined on Thursday amid renewed hopes for a diplomatic resolution to the conflict between the U.S. and Iran Oil Market: The front month Brent contract for December delivery shed 44 cents day-on-day to close out the session at $114.88 a barrel