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Market Update

  • Wednesday 22 January 2020:Crude oil prices settled lower on Tuesday as concerns emerged that the Chinese respiratory virus could impact on travel and trade

  • Wednesday 22 January 2020:After three sessions of gains Brent crude fell by 61 cents to close at $64.59 a barrel while WTI added 0.3% to settle at $58.34

  • Wednesday 22 January 2020:UK NBP prices out to Summer 2020 firmed on Tuesday as colder weather saw demand increase although prices remained at a low level

  • Wednesday 22 January 2020:A drop in send out from the Langeled pipeline was outweighed by increase LNG supplies although the system was forecast to finish short.

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