LOWER ENERGY COSTS AND PEACE OF MIND
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Monday 01 July 2019:The global crude oil benchmark, Brent crude, was unchanged day-on-day, closing at $66.55 again on Friday while U.S. crude-oil prices closed down 1.6% at $58.47 a barrel
Monday 01 July 2019:New data from the U.S. showed an increase in drilling activity last week which could unbalance a market where demand growth continues slow
Monday 01 July 2019:UK gas futures recorded losses across the board on Friday as crude oil prices were unchanged day-on-day and the Winter 19 contract fell below 50.00p
Monday 01 July 2019:Demand could have fallen lower but for strong export flows to Belgium where a positive differential to the NBP is attracting gas via the UK system