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Market Update

Gas market update: The UK gas system maintained a supply surplus averaging 7.5MCM throughout the trading day on Friday as renewable power generation doubled day-on-day
Gas market update: The more comfortable supply situation was made possible by increased wind generation, reducing gas-fired power demand
Gas market update: Prompt and near futures gas contracts at the NBP eased on Friday but near futures contracts remained between 3.00p and 4.00p higher week-on-week none-the-less
Power market update: Despite continuing oil and carbon price increases, GB baseload power futures tracked gas prices lower on Friday
Power market update: Day ahead baseload gained £4.00/MWh as wind availability is forecast to fall off again over the weekend and remain low today
Oil market update: Monday's dramatic drop of almost $5.00 in crude oil prices was gradually recovered over the course of the week and Brent crude settled 50 cents higher week-on-week at $74.10
Oil market update: The U.S. benchmark, West Texas Intermediate, recorded a similar recovery to settle at $72.07 on Friday
Gas market update: The UK gas system maintained a supply surplus averaging 7.5MCM throughout the trading day on Friday as renewable power generation doubled day-on-day
Gas market update: The more comfortable supply situation was made possible by increased wind generation, reducing gas-fired power demand
Gas market update: Prompt and near futures gas contracts at the NBP eased on Friday but near futures contracts remained between 3.00p and 4.00p higher week-on-week none-the-less
Power market update: Despite continuing oil and carbon price increases, GB baseload power futures tracked gas prices lower on Friday
Power market update: Day ahead baseload gained £4.00/MWh as wind availability is forecast to fall off again over the weekend and remain low today
Oil market update: Monday's dramatic drop of almost $5.00 in crude oil prices was gradually recovered over the course of the week and Brent crude settled 50 cents higher week-on-week at $74.10
Oil market update: The U.S. benchmark, West Texas Intermediate, recorded a similar recovery to settle at $72.07 on Friday
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Kore Energy delivers a comprehensive range of market leading energy consulting services. Our market leading energy procurementrisk managementmarket intelligence and carbon management services ensure that all aspects of your energy purchasing requirements are catered for.

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