Tuesday 11 June 2019
There was widespread weakness in the energy markets on Tuesday with gas, power and coal all closing lower, the only
exception being in the crude oil markets which settled flat. NBP futures saw strong declines with contracts averaging losses of just over 2.00p on the day, while prompt prices reversed early gains after the UK gas system recovered from being around 10MCM short for much of the session. Crude oil prices traded in a tight range and Brent eventually settled unmoved from Monday's close at $62.29 a barrel.