Thursday 13 February 2020
Demand on the UK gas system has eased slightly as temperatures recover but remains above 300MCM this morning. Spot and day ahead contracts have yet to trade
but near futures are trading lower with the front month last traded at just under 20.00p. The Q2 contract is also threatening the 20.00p mark with contracts along the curve easing slightly also. The oil market has reversed direction overnight and Brent crude has gained 55 cents to currently trade at $55.24 a barrel.