Kore Energy

Gas Market: UK front-month NBP gas rose 4.75p to 216.04p/therm as unexpected Norwegian outages tightened supply Gas Market: Renewed US–Iran nuclear tensions raised concerns over prolonged Middle Eastern supply disruptions Gas Market: EU gas storage fell to 71.61%, its lowest seasonal level since 2013, with inventories declining faster than the 5-year average Power Market: GB baseload power rose £8.15 to £182.65/MWh as colder forecasts and weaker wind output pointed to increased gas-for-power demand Power Market: Dec-26 EUAs gained 1.7% to €89.56/tonne, supported by stronger power and gas markets alongside rising European equities Oil Market: Brent crude rose 1.39% to $92.76/bbl on Wednesday as continued disagreement on the nuclear issue between the US and Iran heightened supply concerns Oil Market: OPEC+ output rose 2.04 mb/d in October, while Strait of Hormuz disruptions persisted, with 10 vessels attacked in November